Major forex news

Here are some major Forex news and updates that may impact the market:

Economic Indicators:

  1. US GDP (Q1): The US GDP growth rate for the first quarter is expected to be released on April 28th. A strong reading could boost the US dollar.
  2. Eurozone Inflation Rate (March): The European Central Bank (ECB) will release the eurozone inflation rate for March on April 29th. A higher-than-expected reading could lead to a stronger euro.
  3. UK GDP (Q1): The UK GDP growth rate for the first quarter is expected to be released on April 29th. A strong reading could boost the British pound.

Central Bank Decisions:

  1. Federal Reserve (FOMC): The Federal Reserve will hold its next policy meeting on May 3-4. The market is expecting a 25-basis-point rate hike.
  2. European Central Bank (ECB): The ECB will hold its next policy meeting on June 10. The market is expecting no changes to interest rates.
  3. Bank of England (BoE): The BoE will hold its next policy meeting on May 5. The market is expecting no changes to interest rates.

Geopolitical News:

  1. US-China Trade Talks: The US and China are set to resume trade talks on April 29th. A breakthrough in the talks could lead to a weaker US dollar.
  2. Brexit Developments: The UK is set to leave the European Union on April 30th. The market is expecting a no-deal Brexit, which could lead to a weaker British pound.
  3. Middle East Tensions: Tensions between the US and Iran have escalated in recent days. A military conflict could lead to a weaker US dollar.

Other News:

  1. US Jobless Claims: The US jobless claims data for the week ending April 24th is expected to be released on April 28th. A lower-than-expected reading could boost the US dollar.
  2. German IFO Business Climate Index: The German IFO business climate index for April is expected to be released on April 27th. A higher-than-expected reading could boost the euro.
  3. Australian Employment Data: The Australian employment data for March is expected to be released on April 29th. A strong reading could boost the Australian dollar.

These are just a few of the major Forex news and updates that may impact the market. It's essential to stay informed and adapt to changing market conditions to make informed trading decisions.