Monday 15 July 2013

Most important Forex news this week



Hi, it is Monday and time to look at the most important Forex news this week so that we would be ready to take action and trade them profitably. I expect most currency pairs to stay in their current ranges. However, it is highly probable that Japanese Yen will continue falling. At least technical structures of the currency show that. 

Monday

US – Advanced Retail Sales (coming at 12:30 GMT)

Tuesday

Australia – Reserve Bank of Australia Policy Meeting July Minutes (coming at 01:30 GMT). This could significant impact on the future movements in commodity currencies. 

Great Britain – Consumer Price Index (coming at 08:30 GMT). British Pound pairs should see increased volatility when the news is released. 

Europe – Consumer Price Index (coming at 09:00 GMT). 

US – Consumer Price Index (coming at 12:30 GMT). It is probably the most important event of the week. I would rather wait for it to be released and only to start trading (skipping GB and EU releases). 

Japan – Bank of Japan June meeting Minutes (coming at 23:50).

Wednesday

Great Britain – Bank of England Minutes (coming at 08:30 GMT). The second most important event of the week!

Canada – Bank of Canada Rate Decision (coming at 14:00 GMT). 

US – Federal Reserve Releases Beige Book (coming at 18:00 GMT). 

Thursday

US – Ben Bernanke delivers semi-annual report to Senate (coming at 14:00 GMT).

Friday

Canada – Consumer Price Index (coming at 12:30 GMT).

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