EURUSD had a bearish week. However, if we consider overall trend, the market is still with the bull. Some high impact news events are to take place next week. EURUSD traders should be aware of those news events since they might make the pair very volatile. Let us have a look at those news events…
Tuesday-19th September-GMT 12.30
- Building permits
This is a high impact news event, which creates volatility on the intraday charts. Thus, intraday traders should be careful about this news event. New opportunities might be created once the impact of the news even is settled.
Wednesday-20th September-GMT 14.30
- Crude oil inventories
It does not always create extreme volatility, but it might make the pair very volatile in some weeks. Thus, EURUSD traders should be careful before this news event.
Wednesday-20th September-GMT 18.00
- FOMC economic projections
- Federal funds rate
These two news events create extreme volatility on EURUSD. Thus, even big time traders should have a plan to deal with these two news events. The pair is bound to have extreme volatility during this newshour.
Wednesday-20th September-GMT 18.30
- FOMC press conference
FOMC press conference is going to be followed by those two big news events. Usually first two news events create volatility, but sometimes a Press conference” could create extreme volatility as well during the Question and Answer session.
Thus, EURUSD traders should wait up to this news event to get over and then they should look for the trading opportunities.
Thursday-21st September-GMT 12.30
- Unemployment claims
Intraday traders should be careful just before this news event. Usually it creates some excellent trading opportunities. Thus, EURUSD traders should wait for the pair to get settled after the news event.
The post Weekly Forex News Events for EURUSD – 18th to 22nd Sept 2017 appeared first on Advanced Forex Strategies.
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