Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of January 27-31:
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:
Donald Trump, who took office as U.S. president on January 20, has just said he would demand that interest rates drop immediately.
It is not a secret that Trump wants higher tariffs and a lower dollar to enhance the competitiveness of U.S. products.
The U.S. Federal Reserve will decide on interest rates on Wednesday (January 29).
According to Trading Central's "Economic Insight", the U.S. Federal Reserve will keep its key interest rate unchanged at 4.50%.
In the past 8 U.S. Interest-Rate Decisions, within one hour from the event, EUR/USD rose in 50% of times (4 out of 8 events), marking a trading range of 65.64 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
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