Weekly Forex News Events for EURUSD – 11th to 15th Dec 2017
EURUSD finished the week with a strong bearish tone. The pair has a number of high impact news events next week that could create the pair be very volatile. Let us have a look at those.
Tuesday-12th December- GMT 14.30
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This one might create volatility on the intraday EUROUSD charts.
Tuesday-12th December- GMT 20.00
ECB president Draghi speaks
Draghi’s speech always makes the pair be very volatile. Some great opportunities might be found once the market is settled.
Wednesday-13th December-GMT 14.30
Core CPI m/m
Intraday charts are going to get volatile for these two news events.
Wednesday-13th December-GMT 16.30
Crude oil inventories
This news event makes the pair volatile on the intraday charts as well.
Wednesday-13th December-GMT 20.00
FOMC economic projections
Federal funds rate
These three news events will create extreme volatility on the pair next week. Intraday traders should be careful with their entries around these three news events. Major time frame traders might l be looking for their entry of the month.
Wednesday-13th December-GMT 20.30
FOMC press conference
This news event makes the pair very volatile as well. However, if the previous three news events give the pair a direction then it might not create that much of volatility.
Thursday-14th December- GMT 13.45
EURO minimum bid rate
Another news events which will be a trade hunting event for the major time frame EURUSD traders since it might create extreme volatility on the pair.
Thursday-14th December- GMT 14.30
ECB press conference
Core retail sales m/m
Retail sales m/m
This hour could be very volatile and end up producing long spikes on the intraday charts. If things go well, then some great opportunities could be found after these news events.
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