Forex News Trading Strategy For The Week

Posted On 01 Feb 2016

The first week of the month is almost always packed with important economic events, and with “Super Thursday” along with US Jobs data on tap, this week is no different. The BOE will release it’s Rate Decision, Policy Statement, Bank Rate Votes ,and Inflation Report all on the same day, an event that has come to be known as “Super Thursday”. These announcements will then be followed by a press conference with the BOE’s Governor Carney and other MPC members. The co-main event for the week will be the US Jobs report on Friday which will not only give us important insight into the employment situation in the US, but could also sway sentiment regarding future policy actions by the Fed.

Full list of Forex news trading events taking place this week:

Monday 1st.

12:56am GMT – Chinese Manufacturing PMI.
1:45am GMT – Caixin Manufacturing PMI.
9:30am GMT – UK Manufacturing PMI.
3:00pm GMT – US ISM Manufacturing PMI.
4:00pm GMT – ECB President Draghi Speaks.

Tuesday 2nd.

3:00am GMT – RBA Rate Statement and Cash Rate.
9:30am GMT – UK Construction PMI.
9:45pm GMT – New Zealand’s Employment Change and Unemployment Rate
9:45pm GMT – RBNZ Gov Wheeler Speaks
Tentative – GDT Price Index.

Wednesday 3rd.

12:30am GMT – Australian Trade Balance and Building Approvals.
4:30am GMT – BOJ Gov Kuroda Speaks.
9:30am GMT – UK Services PMI.
3:00pm GMT – US ISM Non-Manufacturing PMI.
3:30pm GMT – US Crude Oil Inventories.

Thursday 4th.

8:00am GMT – ECB President Draghi Speaks.
12:00pm GMT – BOE Inflation Report, MPC Official Bank Rate Votes, Monetary Policy Summary and Official Bank Rate.
12:45pm GMT – BOE Gov Carney Speaks.
1:30pm GMT – US Unemployment Claims.

Friday 5th.

12:30am GMT – RBA Monetary Policy Statement and Australian Retail Sales.
1:30pm GMT – Canadian Employment Change, Unemployment Rate and Trade Balance.
9:30am GMT – US Non-Farm Employment Change, Average Hourly Earnings and Unemployment Rate.

Other Forex news trading events taking place this week can be found here: Forex Factory Calendar.

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Source:: Forex News Trading Strategy For The Week

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Jarratt Davis is the world’s ranked #2 (2008-2013) Forex Trader by Barclays FX Hedge Index, following years of mastering his art as a self employed trader Jarratt has now entered the field of education and delivers the most robust Forex education package on the market. Jarratt’s mentorship is one of the only programs on the market that is conducted by a verified professional trader. Forex Alchemy readers can get the FREE mini course where Jarratt gives away some of his secrets to success by Clicking Here... [space height="20"] [social type="facebook"]www.facebook.com/JarrattDavisForex/[/social] [social type="twitter"]https://twitter.com/jarrattdavis[/social] [social type="google-plus"]https://plus.google.com/+JarrattdavisForexTrader/[/social] [social type="youtube"]https://www.youtube.com/user/JarrattDavisForex[/social]