Forex Weekly Forecast May 25 2015

forex11 eb5qij min
forex11 eb5qij min

The US dollar continued its medium term bullish move last week, the U.S inflation data boosted the US dollar last Friday , It was better than expected, that was the most critical event which effected the market strongly .

Next Week, focus will be U.S  Durable Goods Orders data & CB Consumer Confidence on Tuesday, I think  both events would tell us whether the US dollar will continue its strength , or it will pullback a little bit before the next rise..

The next critical U.S event comes on Friday , Gross Domestic Product (GDP) , anyway, let’s highlight the most critical events which may affect currency market in the upcoming days:

1- NZD Trade Balance . Monday at 22.45

2- U.S Core Durable Goods Orders m/m . Tuesday at 12:30

3- U.S CB Consumer Confidence . Tuesday at 14:00

4- U.S New Home Sales . Tuesday at 14:00

5- GfK German Consumer Climate (Jun) .Wednesday at 06:00

6- U.S Services PMI (May). Wednesday at 13:45

7- Bank of Canada Interest Rate Decision . Wednesday at 14:00

8- JPY Retail Sales  . Wednesday at 23:50

9- U.K Gross Domestic Product (GDP) . Thursday at 08:30

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

11- U.S Pending Home Sales m/m Thursday at 14:00

12: U.S Crude Oil Inventories .Thursday at 15:00

13- JPY National Consumer Price Index (CPI) . Thursday at 23:30

14- Swiss Gross Domestic Product (GDP) . Friday at  05:45

15- German Retail Sales .Friday at 06:00

16- U.S Gross Domestic Product (GDP) . Friday at 12:30

17- Canada Gross Domestic Product (GDP) . Friday at 12:30

18- U.S Michigan Consumer Sentiment (May) Friday at 14:00

 

*All Times Are GMT

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