Weekly Forex News Events for EURUSD – 7th to 11th August 2017

EURUSD finished the last week with huge a rejection from the North. The pair came down on Friday because of NFP’s “Unemployment Data”. However, the weekly candle still seems to be bullish. The next week there are few high impact news events for the EURUSD. Let us have a look at the schedule of those…

Wednesday- 9th August 2017-14.30 GMT

• Crude oil inventories

This is an important news event for the Forex market. Especially the USD could highly get affected in this news event. Thus, EURUSD traders should carefully deal with this news event. It does not always shake the market though, but it does have the potential to do so.

Thursday- 10^th August 2017-12.30 GMT

• PPI m/m
• Unemployment claims

“Unemployment Claims” data always has something to do on the Intraday EURUSD chart. Normally it creates opportunity for the traders. However, traders should be careful with their intraday entries before this news event.

“PPI m/m” is going to be released at the same time as well. Thus, it would be best for the EURUSD traders to see off the impact of these two news events and then to take entries.

Friday-11^th August- 12.30 GMT

• CPI m/m
• Core CPI m/m

These two high impact news events are going to take place at the same time as usual. Moreover, it would be the 11^th hour of the week to finish off. Thus, the pair might get very volatile. EURUSD traders should have a strong plan to keep running their intraday trades during this news hour.