Forex Weekly Forecast Jun 15 2015

forex11 eb5qij min
forex11 eb5qij min

Last week, USD continued to consolidate due to lack of US news. Next week is full in important data. Focus will shift on U.S FOMC meeting . At this point I’d expect that US dollar will resume its strength on the FOMC meeting next Wednesday. From Euro-Zone, focus will be on German ZEW Economic Sentiment on Tuesday and consumer price index data on Wednesday. From UK: We have lots of critical data. The U.K. will release data on consumer price inflation on Tuesday, Claimant Count Change on Wednesday and finally Retail Sales on Thursday, I think UK data could push the UK to the upside, Anyway, let’s highlight the most critical events which may affect currency market next week :

1-  Swiss Retail Sales . Monday at 07:15

2- Swiss Producer Price Index (PPI) at 07:15

3- Reserve Bank of Australia  Assistant Governor Christopher Kent speaks. Monday at 07:30

4- Euro-Zone Trade Balance . Monday at 09:00

5- Canada Manufacturing Sales . Monday at 12:30

6- ECB President Draghi Speaks. Monday at 13:00

7- Reserve Bank of Australia Monetary Policy Meeting Minutes . Tuesday at 01:30

8- German CPI . Tuesday at 06:00

9- UK CPI . Tuesday at 08:30

10- German ZEW Economic Sentiment. Tuesday at 09:00

11- U.S Building Permits . Tuesday at 12:30

12- NZD Current Account . Tuesday at 22:45

13- Japan Trade Balance . Tuesday at 23:50

14- UK Claimant Count Change . Wednesday at 08:30

15- Euro-Zone CPI . Wednesday at 09:00

16- FOMC Statement followed by Fed Interest Rate Decision. Wednesday at 18:00

17- Fed Chair Yellen Speaks . Wednesday at 18:30

18- NZD Gross Domestic Product (GDP) .Wednesday at 22:45

19- UK Retail Sales .Thursday at 08:30

20- U.S Core CPI .Thursday at 12:30

21- U.S Initial Jobless Claims . Thursday at 12:30

22- U.S Philadelphia Fed Manufacturing Index .Thursday at 14:00

23- Bank of Japan Monetary Policy Statement followed by Press Conference .Friday : (N/A).

24- German PPI . Friday at 06:00

25- Canada Core CPI + Core Retail Sales . Friday at 12:30

*All Times Are GMT

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