Sunday 23 December 2012

Key events in currency market this week



For those who favor trading news it is very important to have the schedule of all macroeconomic events in the market before the week begins. This is holiday season and it may be wise not to trade at all this week. However, it is still good to watch what happens around various events and how markets perceive them. This is how you really learn how to analyze Forex or any other market. Then you can learn another thing: how to trade what you have learnt.

So, what do we have this week coming?

Monday

Bank of Japan issues Minutes of Board meeting at 23:50 GMT

There is nothing significant coming on Tuesday and Wednesday as these are Christmas days. 

Thursday

US consumer confidence at 15:00 GMT

And that is it for the week! Pretty light, huh? Well, don’t you think that nothing is going to happen. When everybody is on holiday it is pretty easy to move markets and earn nice buck. I have seen a few wild holiday seasons. It does not mean this one will be like that, but who knows… 

Ok, enough talking. I hope to write something more meaningful soon and give you more sound tips. Bye.

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