FOREX - upcoming events with potential higher impact on currencies for Thursday, 6th of July 2017

in forex •  7 years ago  (edited)

I would like to start a daily or weekly column that shows You the important events on the next trading day. Daytraders should have a look at their charts in the mentioned hours. These event CAN, but DON'T HAVE TO create a notable impact on the currencies. 

You should also consider the correlations and cross-currency relations. When some news have a positive effect on, e.g. USD, they might have a negative effect on the USD pairs' counterpart. So, when USD rises, EUR falls.


3:30     UTC+1   AUD    The Australian Bureau of Statistics will publish Trade Balance

14:15   UTC+1   USD     Automated Data Processing Inc. will publish Unemployment Claims

                              CAD     Statistics Canada will publish Trade Balance

16:00   UTC+1   USD     Institute for Supply Management will publish ISM Non-Manufacturing PMI

17:00   UTC+1   USD     Energy Information Administration will publish Crude Oil Inventories


Well, watch out on the given times, and see what effect those events have. Of course there exist events that have a higher impact, like FOMC meeting records, or Non-Farm-Payroll, which frequently created big spikes in currencies' history.

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