With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
The week ahead will be a busy one packed with central banks' interest-rate meetings and the closely watched U.S. inflation data.
We will take a closer look at how Economic Insight could help in preparing trading on the relase of the U.S. inflation data.
In our Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at the U.S. core inflation rate due on Wednesday (December 11) and users can click on those little icons to find out more information related to the data release:
The Volatility session showed that the average pips range (1 hour) for the past 12 releases is about 51 pips for EUR/USD:
In the Impact session, you can see that last time EUR/USD moved in a range of 31 pips during the hour after the data release:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight