Forex news event to avoid for june 22 2018
June 22, 2018! Here are some significant Forex news events that you may want to avoid or be cautious with on that day:
- US Retail Sales (May): Released at 8:30 AM EDT (12:30 PM GMT), this report may impact the US Dollar's value. Strong retail sales data could boost the USD, while weak data might lead to a decline.
- Eurozone Consumer Price Index (CPI) (May): Published at 9:00 AM CEST (8:00 AM GMT), this inflation report may influence the Euro's direction. Higher-than-expected inflation could lead to a stronger EUR, while lower-than-expected inflation might result in a weaker EUR.
- UK GDP (Q1): Released at 9:30 AM BST (8:30 AM GMT), this report may impact the British Pound's value. Strong GDP growth could boost the GBP, while weak growth might lead to a decline.
- US Business Inventories (April): Published at 10:00 AM EDT (14:00 GMT), this report may influence the US Dollar's value. Strong inventory growth could lead to a stronger USD, while weak growth might result in a weaker USD.
- Canada Housing Starts (May): Released at 8:15 AM EDT (12:15 PM GMT), this report may impact the Canadian Dollar's value. Strong housing starts data could boost the CAD, while weak data might lead to a decline.
Keep in mind that these events are subject to change, and their impact on the markets may vary depending on the actual data released. It's essential to stay informed and adjust your trading strategy accordingly.
Remember to always use proper risk management techniques and consider your own market analysis before making any trading decisions.