Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
The Flash Manufacturing PMI: German Impact on EUR
Information is not investment advice
What will happen?
The German Flash Manufacturing PMI will come out on Friday, July 22, at 10:30 MT time (GMT+3).
It's a leading indicator of economic health because businesses react quickly to market conditions, and their purchasing managers hold the most current and relevant insight into the company's view of the economy.
Last time, the actual numbers were lower than expected. As a result, EURUSD lost more than 815 points. If you traded one lot, you could have earned over $815.
How to trade on the German Flash Manufacturing PMI?
- If the actual number is higher than the expectations, the EUR will likely strengthen against other currencies.
- If the actual number is lower than the expectations, the EUR will likely weaken against other currencies.
Check the Economic Calendar.
Instruments to trade: EURUSD, EURGBP, EURJPY.
Similar
Three Currencies to Watch This Week
We prepared an outlook of major events of this week. Check it and be ready!
The Fed won't miss these releases!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Popular
Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
Choose your payment system
