I want to learn to trade the EUR and the GBP against the dollar, can anyone tell me what reports to look at for each that have the greatest effect on either. Could you please send responses as follows: So I don’t get confused.
Thanks Guys
EUR
Report A
Report B
Report C
GBP
Report A
Report B
Report C
USD
Report A
Report B
Report C
Hi Marvin,
Below is a guide on the reports that might have strong effects on the currency pairs. It is not in order of importance.
EUR
European Central Bank (ECB) Interest Rate Announcement
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Unemployment
German ZEW Economic Sentiment
Producer Price Index (PPI)
DEM Retail Sales
GBP
Bank of England Interest Rate Announcement
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Current Account
Unemployment change
Retail Sales
Industrial Production
USD
Federal Open Market Committee (FOMC) interest rate announcement
Non-farm payrolls
Gross Domestic Product (GDP)
Consumer Price Index (CPI)
Producer Price Index (PPI)
Purchasing Manager Index (PMI)
Durable Goods
ISM Manufacturing Index
Unemployment Claims
Home Sales
Regards,
Dan