Monday
Monday is reasonably quiet on the data front with the main data release being the Swiss National Bank interest rate decision at 13:00pm - no major changes are expected however listen for economic announcements around it.
Tuesday
The first seconds of Tuesday bring some intresting releases firstly with the Retail Sales for New Zealand.... will they continue to get stronger and stronger?? At the same time two key releases for the U.K with the RICS (Royal Institute of Chartered Surveyors) house price data, prices have been on the up recently but sadly the Pound has not followed suit! Also U.K retail sales makeup the three midnight releases, so Sterling could move sharply early morning on Tuesday morning so be aware...
At 02:30am Australia release their business confidence and with pretty much every Australian release being better than expected lately will be see the AUD improve once more??
U.K CPI and Eurozone ZEW Index are out at 09:30am and 10:00am respectively.
Wednesday
Another late night one for Australian Dollar interest with business confidence at 01:00.
Japanese Yen volatility may be seen at 05:00am with the Bank of Japan interest rate decision.
09:30am brings unemployment data for the U.K which may set the tone for the day for the Pound.
The U.S Dollar is set for movement with retail sales data at 13:30pm and the Federal reserve meeting minutes at 19:00pm.
Thursday
10:00am there is a monthly report from Europe alongside thier key inflation data CPI and also 13:30 makes for a busy afternoon for the USD with CPI data and also unemployment info with Jobless Claims being released.
Friday
You can afford to relax data wise on Friday with some adjusted retail sales at 08:15am and just Canadian CPI data due at 12:00, mind you no day is guaranteed to be quiet on the currency markets so make sure you are still sharp as good buying opportunities can arise at any time!!
All in all as usual the week will bring volatility between all currencies if you don't have time to watch the market all day then make me aware of what you are looking to do and I can watch them for you.... there are many other options including limit and stop orders so feel free to contact me for a full explanation.
This is a brief summary of todays report, should you wish to make a currency enquiry Email Me
I will ensure I get back to you as soon as possible to discuss the options available to you. Click here to read the full report on our main website
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Have a great day and thanks for reading!
Daniel Wright
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