This table is in EST (Eastern Standard Time)

This Week’s Forex News Events: Dec 24 – Dec 30:

As we approach the final trading week of the year, it’s crucial to stay informed about key forex events that could influence the markets. At 4xPip, we’re committed to providing traders with the tools and EAs they need for success. For personalized assistance, reach out to our dedicated team at [email protected].

• BOJ Gov Ueda Speaks – Sun Dec 24, 12:00 pm (JPY):

The week kicks off with Bank of Japan Governor Ueda’s speech, a medium-impact event for the Japanese Yen. Traders will be keenly observing his remarks for insights into the BOJ’s perspective on economic conditions and potential policy shifts.

• Richmond Manufacturing Index – Wed Dec 27, 8:00 pm (USD):

Midweek, attention turns to the United States with the release of the Richmond Manufacturing Index. This medium-impact event gauges the health of the manufacturing sector in the region. A figure above the previous -5 could signal positive growth.

• Unemployment Claims – Thu Dec 28, 6:30 pm (USD):

Thursday brings the release of the weekly Unemployment Claims data, providing a snapshot of the U.S. labor market. Traders will analyze the numbers for indications of economic strength or weakness.

• Pending Home Sales m/m – Thu Dec 28, 8:00 pm (USD):

Simultaneously, the market awaits the report on Pending Home Sales, a key indicator of the U.S. housing market’s health. A positive percentage change could suggest a robust real estate sector.

• Spanish Flash CPI y/y – Fri Dec 29, 1:00 pm (EUR):

On Friday, attention shifts to the Eurozone as Spain releases its Flash Consumer Price Index year-on-year data. Traders will monitor these figures for potential impacts on the Euro.

• Chicago PMI – Fri Dec 29, 7:45 pm (USD):

Closing out the week, the Chicago Purchasing Managers’ Index (PMI) provides insights into the economic health of the U.S. Midwest. A reading above 50 indicates expansion, while below 50 suggests contraction.

Summary:

As the year comes to a close, these events could significantly influence currency markets. Stay attuned to the latest developments and leverage the right tools for your trades. For tailored solutions and expert advice, connect with our team at [email protected].