Forex Weekly Forecast May 25 2015

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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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MARKET DATA

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