Monday, January 30, 2017

The Forex Calendar For This Week



Today is Monday, and although there were no high impact events influencing the market, to say that the rest of the week will be eventful would be a significant understatement. I think there will be considerable volatility on the market caused by news and their schedule is as follows:

On Tuesday the ECB President Mr. Mario Draghi will speak and make the opening remarks at a joint conference by the European Central Bank and the European Commission in Frankfurt.
There will also be a speech by the Bank of Canada Governor Stephen Poloz regarding the art of making monetary policy at the University of Alberta School Of Business.

On Wednesday we can expect the data on the British Manufacturing PMI, the US Crude Oil Inventories, a FOMC Statement as well as the Federal Funds Rate.

On Thursday will be announced the Bank of England Inflation Report and the Official Bank Rate and then the BOE Governor Mark Carney will hold a press-conference regarding the Inflation Report.

And finally, on Friday, being the first Friday of the month, the US Non-Farm Payrolls will be announced.

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