Here is the list of economic updates. Today is Friday, the last trading session for the week. Lets see how market responds to the data today.
EUR: ECB President Lagarde Speaks at 3:00 PM
Measures: Due to hold a press conference at the Eurogroup Meetings, in Prague
ECB President Nov 2019 – Nov 2027. Volatility is often experienced during her speeches as traders attempt to decipher interest rate clues
As head of the ECB, which controls short term interest rates, she has more influence over the euro’s value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy
USD: FOMC Member George Speaks at 9:30 PM
Measures: Due to speak about the economic outlook at a virtual event hosted by the Peterson Institute for International Economics. Audience questions expected
FOMC voting member 2013, 2016, 2019, and 2022
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
USD: FOMC Member Waller Speaks at 9:30 PM
Measures: Due to speak about the economic outlook at the Vienna Macroeconomics Workshop, in Austria. Audience questions expected
OMC voting member Dec 2020 – Jan 2030
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
Source: Forex Factory
For more day to economic updates, stay tuned with us!!