Weekly Forex News Events for EURUSD – 3rd to 7th July 2017
EURUSD had another bullish week. The last FOMC’s decision of not to change the interest rate pushed the EURUSD further up. Some high impact news events are there next week that is to create volatility and shake the pair. Let us have a look at those…
Tuesday-01.08.2017-14.00 GMT
- ISM Manufacturing PMI
A news event, which has to be dealt carefully by the intraday EURUSD traders. It often ends up producing spikes on the intraday charts.
Wednesday-02.08.2017-14.30 GMT
- Crude oil inventories
Although, it does not make the pair volatile all the time, but this is one very important high impact news event. Some excellent trading opportunities might come after this news event.
Thursday-03.08.2017- 12.30 GMT
- Unemployment claims
This news event often makes the pair very volatile. Since it is going to be the first “Unemployment Claims” data to be released for the month, so EUROUSD traders should take extra caution to deal with this news event.
Thursday-03.08.2017- 14.00 GMT
- ISM Manufacturing PMI
This news event might make the pair volatile on the small charts. Big charts might not be that much affected since the pair would already find a direction from the previous high impact news event.
Friday-04.08.2017-12.30 GMT
- Average hourly earnings m/m
- Non-farm employment change
- Unemployment change
A day to write on the notebook of EURUSD traders since NFP is going to publish its data. Surely, the pair will be very volatile and there might be some terrific trading opportunities for those who know how to make use of them.
The post Weekly Forex News Events for EURUSD – 31st July to 4th August 2017 appeared first on Advanced Forex Strategies.
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