Weekly Forex News Events for EURUSD – 3rd to 7th July 2017

EURUSD had a bullish week. This week’s candle has engulfed the previous one. Thus, buyers will be interested to push the price higher up whenever opportunities come. Some high impact news events are to take place next week that might create volatility on EURUSD.

Monday-3^rd July- GMT 14.00

• ISM manufacturing PMI

Usually this news event creates volatility on the Intra-day time frames and often ends up producing long spikes.

Wednesday-5^th July- GMT 18.00

• FOMC meeting minute

This is going to be one big news events for the EURUSD traders. It often causes extreme volatility and creates opportunities. However, traders might as well not take entries on intraday charts just before this news event.

Thursday-6^th July-GMT 12.15

• ADP Non-farm employment change

This one creates huge volatility on the intraday charts as well. Moreover, a more high impact news event will be followed after this. Thus, EURUSD traders should be careful during this news event.

Thursday-6^th July-GMT 12.30

• Unemployment claims

This one is a massive news event, which could create extreme volatility. Opportunities can be found once the market is settled.

Thursday-6^th July-GMT 14.00

• ISM manufacturing PMI

Intra-day trader should be careful with their opened position before this news event.

Thursday-6^th July-GMT 15.00

• Crude oil inventories

It does not always create extreme volatility, but this could create volatility from time to time.

Friday-7^th July-GMT 12.30

• Average hourly earnings m/m
• Non-farm employment change
• Unemployment rate

Big traders are going to use these three news events to find their trading opportunities. The pair will get volatile next week during these three news events.

Friday-7^th July-GMT 15.00

• Fed monetary policy report

This might create long spikes on the intra-day charts to wrap up the trading week.