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Weekly Outlook: 2016, June 26 - July 03 The Brexit decision had huge market implications with a crash for the pound, falls for other risk currencies and gains for the dollar and the yen. Apart from the Brexit aftershocks, we have US and Canadian GDP data, US Consumer Confidence and other events. These are the major events on forex calendar. US GDP( final Q1): Tuesday, 12:30. U.S. economic growth ...
Weekly Outlook: 2016, June 12 - June 19 Risk off sentiment dominated during most of the week, but things reversed later on. It’s all related to the UK’s EU Referendum which happens in the upcoming week. Apart from this, two testimonies from Janet Yellen, US Durable Goods Orders and German surveys will play a role around the big vote. These are the highlights on forex calendar. German ZEW Economic Sentiment: Tuesday, 9:00. ...
The US dollar was on the back foot, but the managed to recover some of the losses. Inflation data in the UK and the US, Employment data from the UK and Australia, US retail sales and no less than 4 rate decisions,with the Federal Reserve standing out from the crowd. These are the main events for this busy week. UK Inflation data: Tuesday, 8:30. A monthly rise of 0.4% is expected.US retail sales: Tuesday, 12:30. For the month of May, ...
The dollar eventually crashed on the NFP in a week that was tense until this big event. More losses for the greenback? Speeches by Janet Yellen and Mario Draghi, Australian and New Zealand’s rate decisions stand out now. These are the market movers for this week. Janet Yellen speaks: Monday, 16:30. Federal Reserve Chair Janet Yellen will give a talk about the economic outlook and monetary policy in Philadelphia. Yellen may address the ...
Daily price is breaking Senkou Span line for the possible breakdown: the price is crossing 109.04 support level to below on open daily bar for now for the reversal of the price movement from the ranging bullish to the primary bearish market condition. Absolute Strength indicator is estimating the bearish trend to be started, and Chinkou Span line is already broke the price to below for the good breakdown in the near future to be continuing. If D1 price will break 109.04 support ...
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