The new week of July will be full of statistics, news from global Central Banks and, perhaps, fresh OPEC+ information. Miss volatility? It seems to be at the door.
Tag: eur/usd
In this overview, we will discuss trading the EUR/USD currency pair. This is one of the most popular currency pairs in Forex.
Another week of July is already here, and the expectations are neutral. It offers statistics – but not fatal, actions of Central banks – but predictable, and news – but pretty stable. It is high time to breathe out and relax a bit unless the news flow brings up something unexpected.
The new week when June ends and July begins, will be full of statistics, influencing the currency market. The coronavirus is showing itself again – hence, there will be no room for boredom.
By the end of June, the financial market has received almost all the information it expected. What is left are just statistics and the end of the quarantine — for the world to start functioning at a full scale. This week, there is the macroeconomic data planned for publication alongside general economic events — all in all, plenty of things to pay attention to.
The new week of June will bring about plenty of statistics and continue the season of Central Bank sessions. You will definitely not get bored; for now, investors are more interested in safe-haven assets, which may change the local exchange trend.
At the beginning of July, investors are unlikely to get bored - to tell you the truth, they have had no chance to get bored this whole year. On the macroeconomic calendar this week, there are more statistics than the market can work off; meanwhile, the sessions of Central Banks, the ECB being the leader, may provide us a clearer understanding of the future.
The last week of May will not be a calm time. There is no exact day of the end of self-isolation in Russia and the quarantine outside it; neither we know what that outer world has become like. This week, there is going to be much statistical data that may attract the attention of capital markets and a lot of geopolitical noise from the US and China, constantly angry with each other.
This week, the statistics receive all the attention. It will be abundant but investors will not necessarily react to every publication.
The world keeps fighting the coronavirus, but the victories are rather feeble. The new week of April and the beginning of May (oh my, it is May already!) will be the times of Central Banks and their attempts to soothe the business and economies.