Weekly Forex News Events for EURUSD - 25th to 29th Sept 2017

Weekly Forex News Events for EURUSD – 25th to 29th Sept 2017

EURUSD ended the week by producing a Doji candle on the Weekly chart. On Sunday, September 24, “German Federal election” is going to take place. This will most certainly create a huge gap on the EURUSD to start the trading week on Monday. So if you are trading EURUSD, it’s best to wait until things settles before going into any EUR Forex pairs. Moreover, the next week has some high impact news events, thus the pair might make some interesting moves in the week ahead. Let us now have a look at those news events.

Monday-25th September- GMT 13.00

ECB President Draghi speaks

This news event is always a big one for the EURUSD traders. Many opportunities can be found just after the news event.

Tuesday-26th September- GMT 14.00

CB consumer confidence

Intraday traders should be careful about this news event. It often produces spikes and sweeps away intraday stop losses.

Tuesday-26th September- GMT 16.45

Fed chair Yellen speaks

It is not as big as the ECB president’s speech. However, traders should be careful with their intraday positions before this news event hour.

Wednesday-27th September- GMT 12.30

Core durable goods orders m/m

This is another news event, which ends up producing long spike. Thus, intraday traders should deal with this carefully.

Wednesday-27th September- GMT 14.30

Crude oil inventories

It does not always get that volatile, but it has the potential to make the pair very volatile. Some good entries can be found after the news impact as well.

Thursday-28th September- GMT 12.30

Final GDP q/q/

Unemployment Claims

Basically, “Unemployment claims” data is going to make the pair volatile. EURUSD traders will wait for this news event to take some entries.

Friday-29th September- GMT 14.45

ECB President Draghi speaks

This would be his second speech in the next week. It can be assumed that this one would make the pair more volatile than the Monday’s one.

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