Weekly Forex News Events for EURUSD – 3rd to 7th July 2017
EURUSD had a bullish week. Thursday’s two high impact news events made the pair move with huge liquidity. There are some high impact news events in the next week as well. Let us have a look at those…
Tuesday- 25th July- 14.00 GMT
- CB consumer confidence
This news event could create huge volatility on the intraday time frames. It often produces long spikes. Thus, intraday traders should deal with this news event carefully.
Wednesday-26th Jully-14.30 GMT
- Crude oil inventories
This news event could make the EURUSD pair extremely volatile. It did not happen for a long time. However, as a trader of EURUSD, we have to count this news event since we never know when this news event makes the pair move like a rocket.
Thursday-27th July-12.30 GMT
- Core durable Goods orders m/m
- Unemployment claims
EURUSD traders please pay extra attention to this news hour. Two high impact news events are to take place at the same time. There is a high chance that the pair might get very volatile during this hour of trading. Some good opportunities might be offered to the traders as well once the news impact gets settled.
Friday-28th July-12.30 GMT
- Advance GDP q/q
This would be the last high impact news event to finish the week off. Many traders will come out with their positions by this time to close their trading week. Thus, the pair might get extra volatile than the expectation. Short time frame traders might find some trading opportunities after this news event though.
The post Weekly Forex News Events for EURUSD – 24th to 28th July 2017 appeared first on Advanced Forex Strategies.
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