Results 1 to 2 of 2

Weekly Outlook: 2017, June 18 - June 25

This is a discussion on Weekly Outlook: 2017, June 18 - June 25 within the Forex Trading forums, part of the Trading Forum category; The US dollar enjoyed some strength thanks to the Fed’s hawkish hike. Can it continue advancing? The Fed can continue ...

      
   

Threaded View

  1. #1
    member 1Finance's Avatar
    Join Date
    Feb 2014
    Posts
    1,518
    Blog Entries
    358

    Weekly Outlook: 2017, June 18 - June 25

    The US dollar enjoyed some strength thanks to the Fed’s hawkish hike. Can it continue advancing? The Fed can continue influencing currencies thanks to speeches from top Fed officials. In addition, we have housing data from the US and other events. Here are the highlights for the upcoming week.

    Click image for larger version. 

Name:	dxy-d1-fx-choice-limited.png 
Views:	4 
Size:	38.2 KB 
ID:	27403


    1. FOMC’s Dudley talks: Monday, 12:00. New York Fed President Bill Dudley is No. 3 at the Federal Reserve and usually a dove. In his speech in Plattsburgh, Dudley could provide more insight about the next moves of the Fed.
    2. FOMC’s Fischer talks: Tuesday, 12:00. Stanley Fischer is the Vice Chair of the Fed and contrary to Dudley, he is considered a hawk. Fischer will be speaking across the pond, in Amsterdam.
    3. US Existing Home Sales: Wednesday, 14:00.
    4. Crude oil inventories: Wednesday, 14:30.
    5. New Zealand rate decision: Wednesday, 21:00. The team led by Governor Graeme Wheeler is likely to leave the interest rate unchanged at 1.75% and the statement will make a difference. They usually try to talk the currency down.
    6. US jobless claims: Thursday, 12:30. A similar number is on the cards: 241K is predicted.
    7. US new home sales: Friday, 14:00. New home sales stood at 569K in April and a rise to 599K is forecast now.


    the source
    Last edited by 1Finance; 06-17-2017 at 07:56 AM.
    Trading blogs || My blog

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •