New Zealand Cash Rate will define the fate of NZD!
Reserve Bank of New Zealand (RBNZ) will reveal Official Cash Rate and make a statement about monetary policy on October 6, 04:00 GMT+3.
A chance for the British pound
Great Britain will release the level of CPI on May 22, at 11:30 MT time. The indicator is considered as the most important inflation data for Great Britain, as it’s used as the inflation target of the Bank of England. Last time the indicator came out lower, than the expectations. It reached 1.9% instead of 2% anticipated by analysts. As a result, the British pound plunged. However, the current release may lead to a different outcome.
• If the actual level of CPI is higher than the forecasts, the GBP will go up;
• If the actual level of CPI is lower than the forecasts, the GBP will go down.
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High-Impactful Event for Forex: US Retail Sales
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).
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