News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • BoJ did not purchase stock ETFs on Tuesday - according to central bank data $JPY
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/t9Flsqcxo9 https://t.co/JMWQGjwHZL
  • Please join @MartinSEssex at 5:30 EST/9:30 GMT for a webinar on trader sentiment. Register here: https://t.co/diCwqqa7eS https://t.co/xJElAXG54I
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/YelFfA2Vst
  • 🇮🇩 Interest Rate Decision Actual: 3.5% Expected: 3.5% Previous: 3.5% https://www.dailyfx.com/economic-calendar#2021-04-20
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/5xuwJi0xvX
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.02% Silver: 0.36% Gold: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/3QhJMfTWva
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.65% 🇳🇿NZD: 0.58% 🇨🇦CAD: 0.39% 🇬🇧GBP: 0.13% 🇨🇭CHF: 0.03% 🇯🇵JPY: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/3ngNFGV4CH
  • Heads Up:🇮🇩 Interest Rate Decision due at 07:30 GMT (15min) Expected: 3.5% Previous: 3.5% https://www.dailyfx.com/economic-calendar#2021-04-20
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.13% US 500: 0.08% Germany 30: -0.16% France 40: -0.19% FTSE 100: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/cmd7UutJDY
FX Headlines: European Data Watch for June 26, 2013

FX Headlines: European Data Watch for June 26, 2013

Christopher Vecchio, CFA, Senior Strategist

EUROPEAN FX HEADLINES: WEEK OF JUNE 23

- British Pound Eyes Fresh Highs on Faster Inflation, BoE Minutes

- Euro Biased Lower amid Mixed Docket and Signs of Revived Crisis

- EUR/USD Rallies to be Sold as Right Shoulder Develops

- GBP/USD Finds Support at Key 38.2% Fib, Higher Now then Lower Again

- Light Docket Puts Focus on Developing Theme – Higher US Yields and USD

EURO-ZONE ECONOMIC CALENDAR

FX_Headlines_European_Data_Watch_for_June_26_2013_body_Picture_1.png, FX Headlines: European Data Watch for June 26, 2013

Two ‘medium’ tier events highlight the Euro’s economic calendar on Wednesday, both of which have the potential to be market moving but are unlikely to provide any such volatility this round. Of note, the German GFK Consumer Confidence Survey (JUL) is expected unchanged at 6.5, and given the recent uptick in Euro-zone data (at least with headlines beating consensus analysts’ forecasts), risk is to the downside as it would be countertrend.

UK ECONOMIC CALENDAR

FX_Headlines_European_Data_Watch_for_June_26_2013_body_x0000_i1028.png, FX Headlines: European Data Watch for June 26, 2013

The BoE’s semiannual Financial Stability Report will detail a £26B funding hole in UK banks’ balance sheets, as first noted by the Prudential Regulation Authority last week. Similarly, the UK government will announce its spending plans for the coming fiscal year, in which £11B in deficit reduction needs to be determined. Overall, it’s a day of austerity for the UK and the British Pound.

SWISS ECONOMIC CALENDAR

FX_Headlines_European_Data_Watch_for_June_26_2013_body_x0000_i1029.png, FX Headlines: European Data Watch for June 26, 2013

Swiss data has been rather benign ever since the SNB implemented the Sf1.2000 floor for EURCHF, and the UBS Consumption Indicator (MAY), even as a ‘medium’ importance release, is unlikely to have a major impact on the Swiss Franc. Mainly, this is due to exogenous volatility onset by more global themes that are driving price action in the safe haven currencies the past week.

See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.

--- Written by Christopher Vecchio, Currency Analyst and Kevin Jin, DailyFX Research

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES