TC Economic Insight - The Week Ahead (June 30 - July 4 )

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

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We are looking into the trading week of June 30 - July 4:

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We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

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We can select which major economies to focus on:

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Last week, the U.S. dollar index closed at the lowest level since February 2022, as U.S. President Donald Trump expressed his disagreement with Federal Reserve Chair Jerome Powell on interest rates.

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Trump said: “I'd love him (Powell) to resign if he wanted to, he's done a lousy job, (...) I think we should be paying 1% right now, (...) I’m going to put somebody that wants to cut rates.” 

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On Thursday (July 3), the U.S. will release its official jobs report for June. A weakening labor market will surely add to pressure against the Federal Reserve to lower interest rates soon.

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According to Trading Central's "Economic Insight", the U.S. economy added 100,000 Non-farm Payrolls in June with the jobless rate remaining stable at 4.2%.

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Last month, within one hour from the release of the U.S. official jobs report, EUR/USD moved in a range of 45.8 pips during the 1 hour following the event, ending 29.1 pips lower.

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Key Economic Data Forecasts:

(GMT+02:00 Hour) 

Happy Trading!

Source: Trading Central Economic Insight

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