Janet Yellen and Glenn Stevens speeches, US Crude Oil Inventories, Unemployment Claims, Retail Sales and Consumer Sentiment. These are the main market movers for this week. Janet Yellen speaks: Wednesday, 15:00. Federal Reserve Chair Janet Yellen will testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC. Yellen may explain the Fed’s decision to leave rates unchanged on its ...
Forex Weekly Outlook March 23-27 Inflation data in the UK and the US, housing data from the US, German Ifo Business Climate, US Core Durable Goods Orders, Us Unemployment Claims and Stephen Poloz’ speech. These are the highlights of this week. Follow along as we explore the Forex market movers. Last week, The Federal Reserve removed the word “patient” from its policy statement, increasing the odds for a rate hike in the coming ...
A rebound in U.S. Retail Sales may heighten the bullish sentiment surrounding the greenback and spur a further decline in EUR/USD as it fuels speculation for higher borrowing-costs in the world’s largest economy. What’s Expected: Why Is This Event Important: The Fed may stay on course to normalize monetary policy in mid-2015 as the central bank anticipates lower energy prices to boost private-sector consumption ...
- U.S. Consumer Price Index (CPI) to Slow for Third Consecutive Month. - Core Rate of Inflation to Hold at Annualized 1.7% for Second Month. Trading the News: U.S. Consumer Price Index (CPI) A further slowdown in the U.S. Consumer Price Index (CPI) may spark a bearish dollar reaction (bullish EUR/USD) as the majority of the Federal Open Market Committee (FOMC) remain in no rush to normalize monetary policy. What’s Expected: ...
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