FXStreet (Guatemala) - Analysts at Rabobank explained the key events ahead. Key Quotes: "Eurozone M3 money supply (expected up 5.2% y-o-y) which is followed by theEurozone’s flash January CPI estimate (expected to rise from 0.2% to 0.4% y-o-y and stay unchanged at 0.9% y-o-y on a core basis). The other big releases are in North America, where we have the US Q4 employment cost index (seen unchanged at 0.6%), Canadian monthly GDP for November (expected 0.3% m-o-m and just 0.2% y-o-y), and then the day’s biggest number, US Q4 GDP. That is seen at 0.8% q-o-q annualized, down from 2.0% in Q3, but let me stick my neck out and say that risks look to the downside after that terrible December durable goods order. It certainly looks like the Fed will have chosen to hike rates just as growth showed a huge dip, though whether we get a bounce in Q1 is now the larger issue. Luckily, there are also other US data of note that will point in that direction. We see the January Chicago PMI, for example, which is expected to rise from 42.9 but to stay well below the key 50 level at just 45.3, and then final Michigan consumer sentiment for this month. Afterwards we still have time for the Fed’s Williams to give a speech in San Francisco. That, dear readers, will bring us to the end of January for the markets. It’s been quite the wild ride, hasn’t it? One can only wonder what delights February will have in store." For more information, read our latest forex news.