Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of June 23-27:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
As expected, the Federal Reserve just held its key interest rate unchanged in a range of 4.25%-4.50%. It continued to project two more rate cuts in 2025.
Fed Chair Jerome Powell pointed out that some effects of tariffs on inflation are beginning to surface, saying the central bank is well positioned to wait before moving further on rates.
In the coming week, Powell will make a semiannual monetary policy report to a House panel (Tuesday, June 24) and a Senate panel (Wednesday, June 25). As usual, investors will pay attention to his testimonies, trying to seek clues on the timing of the next interest-rate cut.
In Fed Chair Powell’s last testimony to Congress, in February, within one hour from the event, EUR/USD moved in a range of 38.7 pips during the 1 hour following the event, ending 25.8 pips higher.
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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