Risks ahead next week; USD needs catalyst - Scotiabank

FXStreet (Guatemala) - Camila Sutton, chief currency strategist at Scotiabank noted the risks ahead next week.

Key Quotes:

"The market is moving towards a test of a stronger USD but still needs a catalyst to break to fresh highs."

"Next week is a data heavy week in the U.S. (CPI, sentiment, housing, production and retail sales) a set of strong releases would be the catalyst; there is also an ECB meeting, which is a core risk for EUR, but less likely to be the catalyst of fresh lows."