Economic News

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

AUD: AIG Services Index, Survey of about 200 service-based companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

AUD: Trade Balance, it measures difference in value between imported and exported goods and services during the reported month.

JPY: JGB Auction, it measures average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction.

JPY: Leading Indicators, it measures Level of a composite index based on 11 economic indicators. Forecast 100.9%

CHF: Unemployment Rate, the number of unemployed people is an important signal of overall economic. Forecast 2.2%

EUR: German Industrial Production, Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. Forecast 0.1%

GBP: HBOS (Halifax Bank of Scotland) HPI (House Price Index), It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity.

CHF: Foreign Currency Reserves, It provides insight into the SNB’s (Swiss National Bank) currency market operations, such as how actively they are defending the franc’s exchange rate against the euro.

EUR: Retail Sales, It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

EUR: ECB Monetary Policy Meeting Accounts, record of the ECB Governing Board’s most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates

GBP: MPC Member Pill Speaks, Bank of England Monetary Policy Committee members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

USD: Unemployment Claims, it measures number of individuals who filed for unemployment insurance for the first time during the past week. Forecast 201K.

USD: FOMC Member Bullard Speaks, about the economy and monetary policy at an event hosted by the University of Missouri, in Columbia.

USD: Treasury Sec Yellen Speaks, about cryptocurrency policy and regulation at an event hosted by American University, in Washington DC.

USD: Nat Gas Inventories, it measures Change in the number of cubic feet of natural gas held in underground storage during the past week. Forecast -28B.

USD: Consumer Credit m/m, It’s correlated with consumer spending and confidence – rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money. Forecast 18.0B.

CAD: Annual Budget Release, Federal government’s budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments.