What to Trade on August 22–26?
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
USD: FOMC Meeting Minutes are in focus
Instruments to trade: EUR/USD, USD/JPY, GBP/USD
FOMC Meeting Minutes will be released on January 6 at 21:00 MT time. The FOMC is the Federal Open Market Committee, which is the department of the Federal Reserve. It will publish the record of the previous meeting that took place on December 16, which contains the details of the economic and financial conditions that affected the monetary policy decision. The Fed is one of the world’s most important central banks and its economic projections tend to change the market sentiment and therefore set the new vector of Forex trends. That’s why it’s a must-see for every trader! Wait for the release of the meeting minutes and check the charts.
- If the Fed is optimistic, the USD will rise.
- If the Fed is pessimistic, the USD will drop.
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First NFP in 2022 Can Rock the Markets
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
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Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Will the UK and US Cope with Inflation?
Every week we expect many interesting events that can shake the market.
