· Euro data suggests the economy may have contracted in the second quarter, but the euro was preoccupied with next week's ECB decision. · Despite the slowest pace of UK growth in three years, the pound may be looking at a major trend reversal against the dollar.
Stories to watch on DailyFX
· A glut of top market moving indicators may lead the majors to volatility and breakouts next week. · With equity markets plunging to new multi-month and year lows how is the carry trade performing? Send any comments or questions to jkicklighter@dailyfx.com.