Weekly Forex Outlook: August 20-24
The week won’t be notable with a big number of economic events.
US dollar: forecast for June 26-30
The upcoming economic releases should bring some life into the USD. Don’t miss core durable goods orders on Monday, CB consumer confidence on Tuesday, crude oil inventories on Wednesday, final Q1 GDP on Thursday and Core PCE price index on Friday. The latter is the Federal Reserve’s preferred inflation gauge, so this release will have an impact on the expectations for the central bank’s policy. In June, the regulator increased the federal funds rate by 25 bps and left the door open for further increases. For now, more 2017 rate hikes of the Fed are not really priced in the dollar’s exchange rate.
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Trading opportunities for Aug 13-17
It seems that August is going to be a very interesting and eventful month, and traders will have a lot of profit opportunities…
Weekly Forex Outlook: August 6-10
Let’s start with a look at the economic calendar for the upcoming days.
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Weekly Forex Outlook: August 20-24
The week won’t be notable with a big number of economic events.
Webinar "FUNDAMENTAL ANALYSIS. How to understand policy of central banks?"
Forex traders often hear about central bank meetings which provoke rapid currency moves, but don’t know how to predict the outcomes of these events.
Trading plan for Aug 16
The USD index rose to the highest level since June 2017 on Wednesday but then pulled back on Thursday.
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