Even during
the holidays the Forex market does not fully shift into vacation mode. Although
during these few weeks of the year the volatility is famously pretty low, there
are still some events that cause excitement among people who still trade
between Christmas and New Year’s Eve. Here is the Forex calendar for this week:
-Monday is
a holiday and the market is closed.
-On Tuesday
we can expect the release of the US CB Consumer Confidence.
-On
Wednesday there are no high impact news events.
-On
Thursday the US Department of Labour will release the data about Unemployment
Claims. Also, we can expect data about the US Crude Oil Inventories , released
by the Energy Information Administration.
If you’re
planning on trading between the holidays I recommend both caution and opening
short-term positions in the light of the low volatility on the market.
Very helpful, thank you!
ReplyDeleteAlways useful to know what economic data will have impact on the week.
ReplyDeleteVery useful information! Thanks.
ReplyDeleteVery helpful information, thank you.
ReplyDeleteThat's good to know, thanks.
ReplyDeleteGood review!
ReplyDeleteUseful info!
ReplyDeleteThanks for the tips.
ReplyDelete