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The Week Ahead: EURUSD prepares for explosive risk cocktail

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The Week Ahead: EURUSD prepares for explosive risk cocktail


By ForexTime 

If you thought the last few days were wild for financial markets, then wait until you see what’s in store for the week ahead…

Investors can expect a large selection of risky investments, including the Reserve Bank of Australia’s (RBA), Federal Reserve’s (Fed), as well as the European Central Bank.

This will be complemented with top-tier data like the US ISM and Friday’s monthly non-farm payrolls report. A second wave of earnings reports from the world’s largest economies will be released to top it all off. Even the market players who are most hungry for data will find themselves satisfied.

This week’s first trading session of May includes these economic data releases:

Monday, May 1,

  • May Day holiday: UK, France & China
  • USD: ISM manufacturing

Tuesday, May 2,

  • AUD: RBA rate decision
  • EUR: CPI, Eurozone S&P Global manufacturing PMI
  • GBP: UK S&P Global manufacturing PMI
  • US factory orders revised to durable goods

Wednesday, May 3

  • Australia retail sales
  • RBNZ Financial Stability Report: NZD
  • EUR: Eurozone unemployment
  • USD: Fed rate decision, US ADP payrolls data

Thursday, May 4.

  • CNH: China Caixin Manufacturing PMI
  • EUR: ECB rate decision
  • USD: US initial jobless…



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