Monday April 24, 2017 - 08:39:29 GMT
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Forex Trading Ideas For 24 April 2017
Trading Ideas for 24 Apr 2017
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Amazing Trader EVENT RISK Calendar:
Tue 25 Apr
14:00 US- CB Confidence Survey
Wed 26 Apr
06:00 DE- Retail Sales
12:30 CA- Retail Sales
14:30 US- EIA Crude
Thu 27 Apr
11:45 EZ- ECB Decision
12:30 US- Weekly Jobless
12:30 US- Durable Goods
Fri 28 Apr
08:30 GB- GDP
08:00 EZ- flash HICP
12:30 US- GDP
14:00 US- final U of M Survey
Items likely to drive FX rates:
- The biggest surprise in the French Presidential elections was that the polls were fairly accurate. No "surprises" are expected in Round two on May 7. The Macron victory is being as a victory for the status quo in the EU. This has been a strong positive for the EUR.
- The German Ifo survey for April continued to signal that the economy continues to grow strongly.
- EVENT RISK: Tuesday @ 14:00 GMT US Conference Board Sentiment Survey. Long-established survey followed closely by the Fed.
- Uncertainty persists about the implementation of the Trump economic agenda. These doubts have been a weight on stock prices and bond yields.
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