EURUSD had a bearish week. UK election might have held the market a little. We did not see usual liquidity in the market throughout the week. On the contrary, the Forex market might get huge liquidity in the next week. Here are some news events that might create volatility on EURUSD. Let us have a look at those news events.
Wednesday-14th June-12.30 GMT
- CPI m/m
- Core CPI m/m
- Core retail sales m/m
- Retail sales m/m
All these data is about to be released at the same time, thus the pair often gets volatile and ends up producing spikes.
Wednesday-14th June-14.30 GMT
- Crude oil inventories
This is another news event, which produces long spikes on the Intra-day charts.
Wednesday-14th June-18.00 GMT
- FOMC economic projections
- FOMC statement
- Federal funds rate
First FOMC of the month, so traders must deal with this very carefully. It is to be used as an opportunity, so entries should be taken after the news affect.
Wednesday-14th June-18.30 GMT
- FOMC press conference
FOMC Press conference sometimes could create extreme volatility.
Thursday- 15th June-12.30 GMT
- Unemployment claims
A big news event, which could create extreme volatility on EURUSD. Traders have to be very careful with their intra-day position before this news event.
Friday-16th June-12.30 GMT
- Building permits
This will be the last high impact news event of the week. Most of the traders to close their trading positions to finish the week off. Thus, volatility might get to an extreme level during this news event.
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