
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time. These indicators represent indexes based on the surveys of purchasing managers from a particular industry. Combined, they provide a big boost in the volatility of the EUR during the early hours of the European trading session.
The indicators provide a broad view of businesses' thoughts on current economic conditions. If an index is above 50, it indicates an expansion of an industry. Vice versa, if an index lower than 50, the industry is contracting. Additionally to these measures, we compare the actual data with analytical forecasts.
Instruments to trade: EUR/USD, EUR/GBP, EUR/CHF
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
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