Beginner Forex book

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Important events this week will bring us

Important events this week will bring us

Information is not investment advice

  • American Non-Farm Payrolls (Fri, 14:30 MT (12:30 GMT)) – Most notable event in the monthly economic news. This report on the employment dynamics in USA will push the US dollar up if the actual indicator exceeds the expected 90K; otherwise, US dollar shall be dropping.
  • American GDP Growth Rate (Wed, 14:00 MT (12:00 GMT)) – Forecasted as 1.7% against the Q2 figure of 2%, this GDP quarterly indicator pulls USD down if the actual figure proves to be less then expected.
  • American Fed Interest Rate Decision (Wed, 20:00 MT (18:00 GMT)) – Analysts predict the rate cut to 1.75% that is supposed to pull the USD down.
  • Brazilian Interest Rate Decision (Wed, 19:00 MT (21:00 GMT)) – According to forecasts, the rate will be kept unchanged. However, the mood of the central bank may affect the Brazilian real.
  • European GDP Growth Rate (Thu, 12:00 MT (10:00 GMT)) – Quarterly GDP growth rate of the Eurozone is expected to be 0.1%, marking a slight drop from the previous figure and pulling euro down if it is confirmed.

Hot news

  • With EU confirming the extension of Brexit for another 3 months and UK parliament voting for an earlier election today, the British pound is entering another stage of uncertainty and volatility.

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