Tuesday April 25, 2017 - 09:22:06 GMT
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Forex Trading Ideas For 25 April 2017
Trading Ideas for 25 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:
- Risk-On early on Tuesday as markets are still trying sort out what comes next. The fundamental USD bias looks to be negative. Be sure alwasys to confirm any technical bias wit the techbicals, which seem often to move first.
- EVENT RISK: Tuesday @ 14:00 GMT US Conference Board Sentiment Survey. Long-established survey followed closely by the Fed.
- EVENT RISK: Thureday @ 11:45 GMT EZ Central Bank decision. Odds are the ECB will not be interested in rocking the boat. A dovish tone is expected from President Draghi.
- 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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