Will be a complicated week

I don’t know about you, but I don’t see many pairs trading in a clear market condition, for instance, today I only trading about 3 or 4 today, on the others, I have no clue of what the market is likely to do.

Might be that this week we have a zillion important fundamental announcements, amongst the most important are:

Monday:

• AUD: Trade balance and interest rate announcement

Tuesday:

• GBP: Construction PMI
• EUR: Trichet speaks
• USD: Bernanke speaks

Wednesday:

• GBP: Current account and PMI Services
• USD: ADP Non-farm employment change

Thursday:

• GBP: Interest rate
• EUR: Interest rate
• JPY: Interest rate
• CAD: Ivey PMI

Friday:

• JPY: BOJ press conference
• CAD: Employment change
• USD: Non-farm payrolls

So be careful this week, will you?

Trade Safe!

Raul Lopez
Forex Course