Hirose News|April 28, 2014 9:00 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, April 28

14:00

USD

Pending Home Sales

22:45

NZD

Trade Balance

Tuesday, Apr 29

08:30

GBP

Gross Domestic Product

12:00

EUR

Germany Consumer Prices

23:50

JPY

Industrial Production

Wednesday, Apr 30

03:00

JPY

BoJ Interest Rate Decision

06:00

EUR

Germany Retail Sales

07:55

EUR

Germany Unemployment Change

09:00

EUR

Consumer Price Index

12:30

USD

Gross Domestic Product

18:00

USD

Fed Interest Rate Decision

Thursday, May 01

08:30

GBP

Manufacturing PMI

14:00

USD

ISM Manufacturing PMI

23:30

JPY

Unemployment Rate

Friday, May 02

08:00

EUR

Manufacturing PMI

12:30

USD

Nonfarm Payrolls

12:30

USD

Unemployment Rate



Market News


Another week of range trading for EURUSD as it swings between 1.3780 and 1.3860.  The ECB has been trying to talk the Euro down and any move to 1.3780 has then seen significant buying interest.  So we can say that going into next week you should keep an eye on this area.  If no major news flowing at this price point there may be upside in taking long positions around this area.  Further support is likely around the 1.3740 level if it breaks below 1.3780.