ING's FX view of the week ahead - What's bearish and what's bullish?

ING is out with a look at the movers and shakers this week

GBPUSD - Mildly bearish. Weekly range 1.2350-1.2580. 1 month target 1.2100

  • Rising unemployment to provide a UK economic reality check

  • Core inflation data key to BOE on Tuesday

USDJPY - Bullish. Range 112.50-115.40. 1m target 117.00

  • Pair survived the Abe/Trump event

  • Watch for more fiscal plans from Trump

EURUSD - Bearish. Range 1.0520-1.0720. 1m target 1.0400

  • Expects the "phenomenal" Trump tax plan to provide USD support

  • Mnuchin Treasury confirmation paves the way for more Trump tails to be released this week

  • Yellen speech may offer further clues on March hike with the market mainly pricing Jun & Dec

Agree or disagree?

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