Key Forex releases this week

Hi, although this week does not seem to be as rich in Forex releases as last week was we still have some very important macroeconomic events on our hands coming. Let me give you them. 

Monday

Europe – Euro zone finance ministers meet in Brussels at 13:00 GMT. Mr. Draghi is scheduled to speak in Brussels at the same time. This can seriously impact most Euro pairs. And IMF will issue Euro Area article statement. Watch what happens to Euro currency at the time.

Tuesday

China – Consumer Price Index and Producer Price Index coming at 01:30 GMT.

Great Britain – NIESR Gross Domestic Product Estimate coming at 14:00 GMT. Major Pound breaks are expected (Pound to go down). 

Wednesday

Europe – German Consumer Price Index coming at 06:00 GMT.

US – FED releases minutes from previous FOMC meeting at 18:00 GMT. This could be the most important event of the week. It will affect all major pairs and their crosses.

US – Ben Bernanke speaks on Economic Policy in Boston at 20:10 GMT. That is probably the second most important event of the week. I doubt if we hear anything new, but who knows.

Thursday

Australia – Australia unemployment change and rate coming at 01:30 GMT. Will it save aussie from falling? Maybe!

Japan – Kuroda holds Post meeting press conference at 06:30 GMT.

Europe – ECB publishes monthly report at 08:00 GMT.

Friday

US – Michigan Confidence coming at 13:55 GMT.

Ok, these events are very important and markets will be closely monitoring them. And so should you. See you tomorrow with more updates on how Forex news impacted currency pairs today.