Thursday April 20, 2017 - 17:52:31 GMT
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Forex Trading Ideas For 21 April 2017
Trading Ideas for 21 Apr 2017
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Amazing Trader EVENT RISK Calendar:
Fri 21 Apr
All Day- flash PMIs
08:30 GB- Retail Sales
12:30 CA- CPI
12:30 CA- Retail Sales
14:00 US- Existing Homes Sales
Items likely to drive FX rates:
- Thursday saw no major U.S. Event-Risk items. A new item was a French pre-election poll which indicated that the two non-extremist candidates had gained on the others. That triggered some EURUSD short-covering on Thursday.
- Friday features a very active calendar featuring the first look at April PMI (flash) data. As always, we will be keeping a close watch on U.S. Equity and Fixed Income markets. Also hanging over trading will be the uncertainties surrounding the Sunday French Presidential elections.
- Doubts also persist about the implementation of the Trump economic agenda. These doubts have been a weight on stock prices and bond yields.
co-founding Partner, Global-View.com
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