In this video, Gail reviews the forex market news for this week, including the Canadian Rate Announcement this week and the Non-Farm Employment Change release on Friday. However, there is also world events that may affect the forex markets in the coming months, including Brexit and current trade wars.
Forex Market News for this Week
There are numerous high volatility reports this week, including the RBA Rate Statement, GBP Inflation Report Hearings, BOC Rate Statement and the ADP Non-Farm Employment Change numbers. Additionally, traders are very concerned over whether Canada and the US can work out an agreement and Brexit fears are increasing after Theresa Mays’ comments over the weekend. The culmination of these events could make September a very volatile trading period for currency traders.