Tuesday January 31, 2017 - 10:41:53 GMT
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Forex Trading Ideas For Tuesday 31 January 2017
Trading Ideas for 31 Jan 2017
WEEKLY Forex Economic Calendar:
31 Jan Tue
00:00 CN- Lunar Year Holiday
03:00 JP- Bank of Japan
07:00 DE- Retail Sales, Jobs
10:00 EZ- GDP
10:00 EZ- flash CPI
15:00 US- Consumer Confidence
1 Feb Wed
00:00 CN- Lunar Year Holiday
All Day Manufacturing PMIs
13:15 US- ADP Jobs
15:30 US- EIA Crude
19:00 US- Federal Reserve
2 Feb Thu
00:00 CN- Lunar Year Holiday
13:30 US- Weekly Jobless
13:30 US- Productivity
12:00 GB- Bank of England
3 Feb Fri
All Day Service PMIs
04:30 AU- Reserve Bank of Australia
13:30 US- Employment
- The EURUSD continues to trade on both sides of 1.0700 despite a heavy economic calendar. EZ flash HICP for January surged higher. 4Q16 GDP grew smartly as well. Perhaps the ECB might start to sit up and take notice?
- The BOJ kept policy steady as expected. Not much is expected from the Fed tomorrow. Its funny how mnetary policy has slipped into the background following the U.S. change of government. The focus of trade remains on the economic and political policies being developed by new U.S. President Trump.
- Today features another active global data calendar. Last weekend saw the start of lunar new year observations. They could impact the volume of trading early in the week.
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