Forex Weekly Forecast May 18 2015

forex11 eb5qij min
forex11 eb5qij min

The U.S dollar declined last week affected by U.K election and weak U.S data. Next week, focus will be on FOMC Meeting Minutes next Wednesday, Friday United States will release data on consumer inflation.  EuroZone will also release data on consumer inflation , Germany has a lot of critical events and Finally Bank of England (BOE), Monetary Policy meeting next Wednesday, anyway , next week looks a busy week where volatility is expected , so

let’s highlight the most critical events which may affect currency market next week : 

  1. Markets in Canada will be closed on Monday for the Patriots day holiday.
  2. Reserve Bank of Australia (RBA) Monetary Policy Meeting Minutes. Tuesday at 01:30
  3. U.K CPI (YoY) (Apr). Tuesday at 08:30
  4. German ZEW Economic Sentiment (May). Tuesday at 09:00
  5. EuroZone CPI (YoY) (Apr). Tuesday at 09:00
  6. U.S Building Permits (Apr). Tuesday at 12:30
  7. BoC Gov Poloz Speaks. Tuesday at 15:45
  8. Japanese GDP (QoQ) (Q1) .Tuesday at 23:50
  9. Bank of England  MPC Meeting Minutes. Wednesday at 08:30
  10. U.S Crude Oil Inventories .Wednesday at 14:30
  11. U.S FOMC Meeting Minutes. Wednesday at 18:00
  12. Chinese HSBC Manufacturing PMI (May).  Thursday at 01:45
  13. German Manufacturing PMI (May). Thursday at 07:30
  14. U.K Retail Sales (MoM) (Apr). Thursday at 08:30
  15. U.S Initial Jobless Claims .Thursday at 12:30
  16. U.S Existing Home Sales (Apr). Thursday at 14:00
  17. U.S Philadelphia Fed Manufacturing Index (May). Thursday at 14:00
  18. Bank of Japan Monetary Policy Statement followed by Press Conference .Friday at 03:00
  19. German GDP (QoQ) (Q1). Friday at 06:00
  20. German Ifo Business Climate Index (May). Friday at 08:00
  21. U.S CPI (MoM) (Apr). Friday at 12:30
  22. Canadian CPI (MoM) (Apr). Friday at 12:30

*All Times Are GMT

You may follow events live at: Live Calendar