Weekly Forex News Events for EURUSD - 13th to 17th Nov 2017

Weekly Forex News Events for EURUSD – 13th to 17th Nov 2017

EURUSD had a bullish week. The week finished with a strong bullish tone by engulfing the previous week’s candle. The next week has many events that need be noticed by the EURUSD traders. Let us have a look at those.

Tuesday-14th November-14.30 GMT

  • PPI m/m

This event produces spikes on the intraday charts. Traders should be watchful just before this news event takes place.

Wednesday-15th November-14.30 GMT

  • CPI m/m
  • Core Retail Sales m/m
  • Retail Sales m/m

These three events often produce spikes as well as some great trading opportunities. Those opportunities can be used once the news events get over and the market gets settled.

Wednesday-15th November-16.30 GMT

  • Crude oil inventories

Be watchful for the hour before this news event takes place. It often ends up by creating strong volatility.

Thursday- 16th November-14.30 GMT

  • Unemployment claims

This is going to be one of the most high impact news events for the week. It usually creates some tremendous trading opportunities for the intraday as well as for the major time frame traders.

Friday-17th November- 09.30 GMT

  • ECB president Draghi speaks

Whenever Draghi speaks, the EUR gets volatile. This means the EURUSD is going to react to this event heavily. Major time frame traders are going to wait for this news event’s impact to take their entries.

Friday-17th November- 14.30 GMT

  • Building permits

The last high impact news to wrap up the week. Thus, it could make the pair very volatile. EURUSD intraday traders should be very watchful to this event and have a solid plan with their floating trades.

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