With Trading Central's "Economic Insight", investors can identify opportunities by targeting economic data and events that have high volatility impact.
Following rapid carry trade unwind and sell-off in stocks, the financial market began to show signs of stabilization toward the end of the week, with USD/JPY paring early losses.
According to CME FedWatch tool, the market is currently pricing in roughly a 50/50 chance of a 50 basis points cut by the Federal Reserve in September. Investors will be watching closely the U.S. inflation rate next week, to see if such expectation is justified by the data.
In our Economic Insight, users can customize settings by selecting date, importance and countries on the left menu:
We are looking at U.S. inflation rate due on Wednesday August 14 and users can click on those little icons to find out more information related to the data:
The Volatility session showed that the average pips range for the past 12 releases is about 60 pips for EUR/USD:
In the Impact session, you can see that last time EUR/USD moved in a range of 52 pips during the hour after the data release:
Below are the other key data for the upcoming week:
Source: Trading Central Economic Insight
