Fundamental Forecast: Heavy Event Risk for Dollar, Euro and Pound
Talking Points:
- Scheduled event risk increases this week with events like Yellen's testimony, China GDP and UK CPI
- While each is worth its weight in volatility, they can also steer bigger fundamental trends
- Of particular is watching event risk with unbalanced potential outcomes - as with EURUSD
Find out what live events and webinars are scheduled this week with the DailyFX Live Webinar Calendar!
Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. These sessions are held live every Monday at 16:30 GMT. Historical volatility levels are slowly recovering. However, our trading doesn't need to be on pause until systemic market conditions change tack. Heavy scheduled - and likely unscheduled - event risk are due this week. Items like Janet Yellen's semi-annual testimony, Chinese GDP, UK inflation statistics and troubling headlines for the Euro-area's capital markets all have the fundamental heft to alter the outlook for financial health, activity levels and yield forecasts. Furthermore, between current market levels and the scenarios facing the systemically important regions; there is a distinct imbalance of opportunity.
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