TC Economic Insight - The Week Ahead (March 10 - 14)

TC Economic Insight - The Week Ahead (March 10 - 14)

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

We are looking into the trading week of March 10 - 14:

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:

Amid uncertainties of a tariff war between the U.S. and its trading partners including Canada, Mexico and China, U.S. stocks remain under pressure, and the dollar has marked multi-month low.

Another factor capping market sentiment is that the U.S. Federal Reserve is not expected to ease its monetary stance soon.

In fact, the U.S. inflation rate has been climbing since October.

The next set of major U.S. Inflation Data will be released on Wednesday (March 12). According to Trading Central's "Economic Insight", the Inflation Rate is expected to tick down to 2.9% year on year in February. 

In the past 12 U.S. Inflation Report,   within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 events), marking a trading range of 45.29 pips on average.

And the Fed will decide on interest rates on Wednesday, March 19.

Key Economic Data Forecasts:

(GMT+01:00 Hour) 

Happy Trading!

Source: Trading Central Economic Insight

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