- U.S. Durable Goods Orders to Contract for Third Straight Month. - Non-Defense Capital Goods Orders ex Aircrafts to Expand for Fifth Time in 2014. Trading the News: U.S. Durable Goods Orders Another 0.6% contract in orders for U.S. Durable Goods may generate a more meaningful rebound in EUR/USD as it dampens the growth and inflation outlook for the world’s largest economy. What’s Expected: ...
- 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: ...
- Federal Open Market Committee (FOMC) Widely Expected to Deliver Another $10B Taper - Will There Be a Larger Dissent as the Fed Looks to End QE in October? Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The Federal Open Market Committee (FOMC) interest rate decision may spur a bearish reaction in the dollar (bullish EUR/USD) if the central bank remains reluctant to move away from the zero-interest rate policy (ZIRP). What’s Expected: ...