FX Webinars Weekly Overview – February 8–12
Published on Feb 07th, 2021 by José Martins Rocha
Considering this past week, we have seen a great week from the USD, with the EURUSD declining gaining almost 1,5% until the end of Thursday, falling back 0,8%, to 1,2050, mostly likely to profit-taking, combined with lower than expected NFPs and with revised December NFPs from -140k to -227k. This move in the USD was mainly leveraged by the rise in the 10 year treasury yield, roaring almost 10% during the week.
Regarding this coming week, it will be a calm week regarding economic indicators, mostly highlighting the CPI in the U.S. and the GDP in U.K., but it will be important to follow the yield of the treasuries, since the recovery of the U.S. economy, due to an intensive vaccination campaign, and the approval of the stimulus package by Biden administration, are leading to expectations of higher inflation in the near future.
Despite all these happenings, do not forget that there are more market events and data releases that could affect forex pairs (all times set in UTC):
- Tue, 09/02/2021, 12:00 – USD – EIA Short-Term Energy Outlook
- Tue, 09/02/2021, 15:00 – USD – JOLTs Job Openings (Dec)
- Wed, 10/02/2021, 01:30 – CNY – Consumer Price Index (YoY) (Jan)
- Wed, 10/02/2021, 07:00 – EUR – Harmonized Index of Consumer Prices (YoY) (Jan)
- Wed, 10/02/2021, 13:30 – USD – Consumer Price Index ex Food & Energy (MoM) (Jan)
- Wed, 10/02/2021, 13:30 – USD – Consumer Price Index ex Food & Energy (YoY) (Jan)
- Wed, 10/02/2021, 17:00 – GBP – BoE’s Governor Bailey speech
- Thu, 11/02/2021, 13:30 – USD – Initial Jobless Claims
- Fri, 12/02/2021, 07:00 – GBP – Gross Domestic Product (QoQ) (Q4)
- Fri, 12/02/2021, 07:00 – GBP – Gross Domestic Product (YoY) (Q4)
- Fri, 12/02/2021, 15:00 – USD – Michigan Consumer Sentiment Index (Feb)
Finally, don’t forget to check our listed forex webinars, which we hope that will fit your needs, and have a wonderful week!