TC Economic Insight - The Week Ahead (August 26

TC Economic Insight - The Week Ahead (August 26 - 30)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of August 26 - 30:

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:

Finally, U.S. Federal Reserve Chair Jerome Powell said in his closely-watched speech at the Jackson Hole Economic Symposium on Friday: “The time has come for policy to adjust.”

A very clear signal for cutting interest rates.

He added: “The timing and pace of rate cuts will depend on incoming data.”

The next set of important economic data will be the Core Personal Consumption Expenditure (PCE) price inflation data - the Fed’s favorite inflation gauge - to be released on Friday (August 30).

According to Trading Central's "Economic Insight", the latest Core PCE Price Inflation Rate will remain at 2.6% year on year.

In the past 12 Core PCE Price Inflation Reports, within one hour from the event, EUR/USD rose in 50% of times (6 out of 12 events), marking a trading range of 24.56 pips on average.