Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of July 22 - 26:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
The U.S. Federal Reserve will decide on interest rates at the end of July. While the central bank is widely expected to keep interest rates unchanged, investors are still watching closely if inflation keeps cooling down, which will facilitate the Fed’s rate-cut soon.
According to Trading Central's "Economic Insight", the U.S. Core Personal Consumption Expenditure (PCE) Price Index (to be released on Friday, July 26) - the Fed’s favorite inflation gauge - may slow further to 2.5% year on year in June.
In the past 12 U.S. Core PCE Price Index reports, within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 reports), marking a trading range of 25.71 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
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