The Federal Reserve is widely expected to give its clearest signal yet next week that tapering is just around the corner. But the Fed will have to fight for attention as the Bank of Japan, Bank of England and Swiss National Bank meetings are some of the other policy gatherings taking place in the coming days. However, central banks will not be the only ones to fall under the limelight as elections in Canada and the flash PMIs for September will be watched closely too.

The latest flash PMI releases will dominate the economic agenda next week as the recovery in the United States appears to be picking up a gear, while the European rebound may have hit a snag. The tables have been turning lately in the US vs Eurozone recovery story, threatening to unravel the euro rally. Trying to predict the economic comeback from the pandemic will also be preoccupying policymakers at the Reserve Bank of New Zealand at their September meeting amid lingering speculation about neg

USDSEK’s appreciation in price appears to be here to stay as it is currently tackling the 9.763 resistance from November 13. Further enhancing the price above the simple moving averages (SMAs) and the Ichimoku cloud, are the rising Tenkan-sen and Kijun-sen lines, which reflect the increase in positive momentum. The MACD, in the positive region, has moved back above its red trigger line, while the increasing RSI, has just climbed into the overbought territory.