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Archive for the ‘Forex News Events’ Category

Source:AUD/USD: Trading the Australian Consumer Price Report

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Business confidence in Germany is expected to fall back in July, with market participants projecting the IFO’s gauge for future expectations to weaken to 101.6 from 102.4 in the previous month, which would be the lowest reading since February, and the data could drag on the euro as investors weigh the outlook for future growth.

Source:EUR/USD: Trading the German IFO Business Confidence Survey

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Price growth in New Zealand is expected to fall below the median target of 2% for the first time since the third-quarter of 2009, and subdued inflation could lead the central bank to hold a neutral policy stance over the coming months as it aims to balance the risks for the economy.

Source:NZD/USD: Trading the New Zealand Consumer Price Report

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As price growth in the U.K. is expected to expand at a slower pace in June, tapering inflation would allow the Bank of England to maintain a loose policy stance throughout the second-half of the year in an effort to counter the ongoing weakness within the private sector.

Source:GBP/USD: Trading the U.K. Consumer Price Index

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The labor market in Canada is expected to improve for the sixth consecutive month in June as businesses increase their rate of production, and the rise in payrolls could drive the exchange rate higher as the data reinforces an enhanced outlook for future growth.

Source:USDCAD: Trading the Change in Canadian Employment

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