Follow my blog with bloglovin´
Fed Chairman Ben Bernanke Speaks on Monday. Forex traders tend to pay close attention to the language in his speeches because they can provide good insight into the FOMC monetary policy goals. Important things to note about Fed Chairman Speeches:
- Relevance = high
- volatility increases during the speech
- may be prudent not to open any new positions during the speech, and to tighten stops during speeches
French industrial production keeps track of changes in the production of goods, not including energy or food. Important things to note about this economic indicator:
- Relevance = medium to low
- Can forecast changes in employment, earnings, and personal income
- Considered a dependable forward looking indicator of the overall health of the French economy
- Release Schedule: Usually 6:40 (GMT); monthly, in the first half of the month, with a two month lag
Saturday, May 9, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment