During this week, investors are awaiting many important forex news represented in the results of the Federal Reserve's meeting scheduled for Wednesday, in order to know any new indications regarding the future of monetary policy and the gradual increase in US interest rates during this year.
The focus will also be on several important data from the US economy on durable goods orders and initial jobless claims scheduled for later Wednesday, while financial markets will remain closed in the United States and Japan on Thursday for public holidays in the country.
Here are the main forex news for this week:
Monday 20 November
Mario Draghi, President of the European Central Bank, is scheduled to give his testimony on the economy and monetary policy at the European Parliament in the Belgian capital, “Brussels”.
Tuesday November 21
The Australian Central Bank will announce the benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and the factors that would affect monetary policy decision, and Britain will announce its data on public sector lending, and this will be “Mark Carney.” The Governor of the Bank of England, speaking before the Treasury Select Committee in “London”.
Also later on Tuesday, Canada is scheduled to release its data on wholesale sales, and in the United States a report on existing home sales is scheduled to be published, Federal Reserve Chair Janet Yellen will speak at an event in New York. “.
Wednesday November 22
The British government will announce its balance sheet, and many important data are also scheduled to be released in the United States on durable goods orders and initial jobless claims, on the other hand, the Federal Reserve will announce the minutes of its last meeting as well as publish a statement on policies That determines the economic conditions and factors that affect the monetary policy decision, and in New Zealand several important data on retail sales are due to be revealed.
Thursday 23 November
The financial markets in Japan are scheduled to remain closed for public holidays in the country, and the markets in the United States will also remain closed for the “Thanksgiving” holiday, on the other hand, the eurozone will publish its data on the activity of the manufacturing and service sectors, and this will Britain released its revised data on economic growth during the third quarter of this year.
On Thursday, Canada is also scheduled to release its report on retail sales, on the other hand, Thomas Jordan, President of the Swiss National Bank, will speak at an event in Basel, Switzerland.
Friday 24 November
New Zealand is to release data on the trade balance, and the Ifo institute is to publish a report on German economic sentiment.