Trading EUR: await news from the ECB
The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Important news for oil traders
The meeting of the Organization of the Petroleum Exporting Countries (OPEC) will take place on June 22. During this day, there will be important announcements from the world’s top oil producers.
The main question is whether the largest exporters decide to stick to output cuts or choose to increase production.
• If OPEC decides to increase output, oil prices will go down.
• If OPEC maintains limitations on output, oil prices will go up.
The dynamics of oil prices has a direct impact on the currency market. Commodity currencies like CAD, AUD, NZD will be the most sensitive to the news. And remember that you can trade WTI and Brent oil with FBS as well.
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Trading GBP on the news
The British yearly CPI will be released at 11:30 MT on January 15
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OIL: back to the rising curve?
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?
Important events this week will bring us
This week will bring us central bank statements and important economic indicators related to the main currency pairs. Read on to see which ones will be affected.
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