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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