FOREX - upcoming events with potential higher impact on currencies for Thursday, 6th of July 2017
I would like to start a daily or weekly column that shows You the important events on the next trading day. Daytraders should have a look at their charts in the mentioned hours. These event CAN, but DON'T HAVE TO create a notable impact on the currencies.
You should also consider the correlations and cross-currency relations. When some news have a positive effect on, e.g. USD, they might have a negative effect on the USD pairs' counterpart. So, when USD rises, EUR falls.
3:30 UTC+1 AUD The Australian Bureau of Statistics will publish Trade Balance
14:15 UTC+1 USD Automated Data Processing Inc. will publish Unemployment Claims
CAD Statistics Canada will publish Trade Balance
16:00 UTC+1 USD Institute for Supply Management will publish ISM Non-Manufacturing PMI
17:00 UTC+1 USD Energy Information Administration will publish Crude Oil Inventories
Well, watch out on the given times, and see what effect those events have. Of course there exist events that have a higher impact, like FOMC meeting records, or Non-Farm-Payroll, which frequently created big spikes in currencies' history.
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