Hirose News|March 17, 2014 10:00 AM

Some announcements that may impact the markets this week


Big news for this week!


Below are some announcements that may impact the markets this week:


GMT

 

 

Monday, Mar 17

10:00

EUR

Consumer Price Index

13:15

USD

Industrial Production

Tuesday, Mar 18

10:00

EUR

Germany Economic Sentiment

12:30

USD

Consumer Price Index

17:45

GBP

BOE's Carney Speech

Wednesday, Mar 19

09:30

GBP

Bank of England MPC vote

09:30

GBP

Unemployment Rate

18:00

USD

Fed Interest Rate Decision

Thursday, Mar 20

07:15

JPY

BoJ's Kuroda Speech

08:30

CHF

SNB Interest Rate Decision

20:30

USD

Bank Stress Test Info

Friday, Mar 21

12:30

CAD

Consumer Price Index



News

This week  New Zealand's Reserve Bank raised interest rates for the first time in 3 years (25bp to 2.75%) helping its currency to extend gains against the greenback and the Aussie dollar.  Interestingly, the Kiwi dollar is at historic levels against the Aussie dollar, having appreciated from 1.37 in 2011 to its present level around 1.0570.

The EURUSD hit a two month high (Thursday 13th) before reversing sharply, with no obvious news indicating why.  However, there seems to be a clear correlation with US stock market movements and technical analysts are pointing to significant Fibonacci levels.

EUR/USD traders may want to keep an eye on German and USA yields which may give an indication of direction for the currency pair.


BINARY TRADING - has now been live for 1 week!

If you have missed the news this is to let you know that MT4 USD account holders can now trade Binary Options on our new platform.  Please take a look at this exciting new product.  We are sure you will like it!

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MT4 Tips

A trader asked how to show the Ask line on a chart.  Here is how you do it:

1.       Click on 'Charts'

2.       In the dropdown menu click 'Properties'

3.       Click the 'Common' tag and then check 'Show Ask Line' then 'OK'

4.       If you want to change colours you can do it from the 'Colour' tag.

 

Kind regards,

The Hirose Team