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Traders should be aware of a major event risk for the USD popping up this week, as most economic releases will be available to the US press, and Indeed... house prices, consumer confidence, durable goods orders, and Q2 GDP will all hit the wires and could have major impact on the USD price. However, the minutes from the FED at Aug meeting should be the event many of you should look into, especially if any major significant commentary signals any sort of bias within the FOMC. The EUR will not be spared either.
1. US S&P/Case Schiller Home Prices, Consumer Confidence – August 26
2. FOMC Meeting Minutes from August 5 – August 26
3. US Durable Goods Orders – August 27
4. US Gross Domestic Product (2Q P) – August 28
5. Euro-zone Consumer Price Index Estimate – August 29
ForexCult will continue monitoring the events and update you further on any developments or significant changes on the fundamental speculations.
