Weekly US employment: a chance for the USD
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
How Fed comments will affect the USD?
The Federal Reserve (Fed) will announce its interest rate at 21:00 MT time on November 8.
In September, the Fed increased the interest rate by 25 basis points to 2.5%. The market doesn’t look for a rate hike this time. However, comments of the Federal Reserve will be highly important for the USD in times when Mr. Trump criticizes the Fed monetary policy.
• If the Fed is optimistic, the USD will rise.
• If the Fed is pessimistic, the USD will fall.
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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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Major Event Alert: Canadian Retail Sales
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3).
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