Economic calendar -Week 31 Day Events Monday Australia, Switzerland, Canada Bank Holiday; US ISM Manufacturing PMI Tuesday AUD Interest Rates Wednesday US ISM Services PMI, OPEC+ Thursday GBP Monetary Policy Report, GBP Rate Statement Friday RBA Monetary Policy Statement, NFP *Only key events are listed As the Fed raised their interest rates last week, it’s […]
Economic Calendar Day Events Monday – Tuesday – Wednesday AUD CPI, FOMC statement Thursday Advance GDP- USD Friday Core PCE Price Index FOMC statement will be the key highlight for this coming week as investors are waiting for the impending rate hike from the Fed. We are going to discuss USD related pairs in this […]
XAUUSD research Looking at a daily chart, we are still seeing gold showing extreme weakness due to rising inflation, a strong USD, and a hawkish Fed that is still poised to raise interest rates further this year. From a technical perspective, XAUUSD is poised to test the 38.2% Fibonacci retracement of 1680.58 which could hold […]
Economic Calendar Day Events Monday JPY Bank Holiday Tuesday AUD Monetary Policy Meeting, BOE Bailey and RBA Lowe speaks Wednesday GBP CPI Thursday BOJ Outlook Report, EUR Main refinancing rate, ECB Press conference Friday – GBPUSD GBPUSD Daily BOE’s current main goal is to fight inflation and governor Bailey’s speech may drop some hints about […]
Economic Calendar Day Events Friday Retail sales – 8.30 am EST Here are some of the key highlights for this week Twitter and Musk Surprise? To be honest, not so much. Elon Musk just a few days ago decided to pull out and terminate his deal to buy Twitter which led to him being sued […]
As the week comes to an end, let’s recap what happened in the markets, specifically the pairs that we follow. Economic Calendar While the beginning of the week was filled with market news and announcements, there is one important event to end the week and that is the Core PCE Price Index, due at 8.30 […]
Economic Calendar Day Events Monday BOE governor Bailey speaks Tuesday – Wednesday BOE governor Bailey speaksNZD and CAD interest ratesBOC monetary policy report and press conferenceUS CPI 830 am EST Thursday US PPI Friday US Retail sales Forex EURUSD EURUSD H4 Chart The pair has been making consistent lower highs as marked by the descending […]
Economic calendar There is NFP today to end the trading week, with a forecasted slowdown in new jobs added at 260k versus 390k for the previous month’s reading. Even with jobs growth slowing down, is it sufficient to tame the strong USD down? Forex EURUSD EURUSD Daily Chart The pair faced little to no resistance […]
Economic Calendar Day Events Monday US Bank Holiday Tuesday AUD Interest Rates Wednesday ISM Services PMI, FOMC minutes Thursday ADP Non-farm employment change Friday ECB Lagarde speaks, NFP, US unemployment rate *Only key events are listed AUD: More rate hikes The RBA is expected to raise rates for the third consecutive meeting on Tuesday to […]
Economic calendar Event Currency ISM manufacturing PMI USD Canadian Bank holiday CAD EUR CPI Flash estimate EUR Forex EURUSD EURUSD Daily Chart The pair traded lower before the London session begins. The red 50-day moving average acted as a decent resistance where the price did not manage to break past 3 days ago. We are […]
