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