USD Awaits Latest Q4 GDP Results - Ahead Of The Week 22 February 2016

https://bancdebinary.com/ Made for traders to prepare their trading calendar, coming up in Banc De Binary’s Ahead of the Week Report for the 22nd of February to the 26th of February 2016. The trading event of the week is on Friday with the latest results for US fourth-quarter GDP and an expected impact on the USD and possibly Gold. Monday the 22nd has trading headlines at 13:30 with the Chicago Fed National Activity Index for January. The recent bearish trend in the USD is because of the Federal Reserve’s lack of confidence in the global economy. Lower-than-expected performances in the jobs sector are not helping, so if the Chicago Fed’s results are lower or higher than the previous level of minus 0.22, there could be some movement on the USD. On Tuesday, the trading alert is for the GBP, which could see some action with the UK Treasury’s Inflation Report Hearings at 10:00. Sterling is still under some serious pressure due to a lack of investor confidence, so these hearings are likely to make some waves. The main trading event on Wednesday the 24th is at 15:00, when the US releases New Home Sales results for January, with an expected impact on the USD. Previously at the level of 544,000, traders will be looking for any gains or losses in this benchmark indicator. There’s a prime trading event for the EURO at 10:00 on Thursday the 25th with the release of the Eurozone’s Consumer Price Index for January. Last seen at the level of one percent, the results could move the EURUSD, so we have it on our trading watch list. The trading headline on Friday the 26th is at 13:30 with the US Gross Domestic Product result for the fourth quarter, last seen at the level of 0.7 percent on an annual basis. GDP figures for the fourth quarter are revised and released each month as new information comes in and it’s always a trading event that could move the USD up or down. https://bancdebinary.com/