Trading the News: ISM Non-Manufacturing Another pickup in the ISM Non-Manufacturing survey may heighten the appeal of the greenback and spark a larger pullback in EUR/USD as it raises the outlook for growth and inflation. What’s Expected: Why Is This Event Important: Despite the ongoing 9 to1 split within the Federal Open Market Committee, Chair Janet Yellen and Co. may come under increased pressure ...
Trading the News: U.S. Gross Domestic Product (GDP) The 1Q U.S. Gross Domestic Product (GDP) report may dampen the appeal of the greenback and spark a near-term advance in EUR/USD as signs of a slowing recovery weigh on interest-rate expectations. What’s Expected: Why Is This Event Important: A soft growth figure may encourage the Federal Reserve to retain its current policy throughout most ...
Trading the News: Federal Open Market Committee (FOMC) Interest Rate Decision The Federal Open Market Committee (FOMC) is widely expected to retain its current policy in April even as central banks officials project two rate-hikes for 2016, but a growing dissent within the central bank may trigger a near-term selloff in EUR/USD as it boosts interest-rate expectations. What’s Expected: Why Is This Event ...
Trading the News: U.K. Retail Sales Another contraction in U.K. Retail Sales may dampen the appeal of the British Pound and drag on GBP/USD as signs of a slowing recovery provides the Bank of England (BoE) with increased scope to retain the record-low interest rate throughout the near to medium-term. What’s Expected: Even though BoE warns that the next policy move will be to normalize monetary policy, the ...
Trading the News: U.K. Jobless Claims Change Despite expectations for another 10.0K decline in U.K. Jobless Claims, a slowdown in household earnings may undermine the near-term advance in GBP/USD as it drags on interest-rate expectations. What’s Expected: Even though the Bank of England (BoE) remains upbeat on the U.K. economy, signs of weak wage growth may encourage Governor Mark Carney to retain the record-low ...
Recent Visitors
Archive
Go to Profile
Mark as Read