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Forex Important releases next week

Forex Important releases next week

Three important interest rate decision for the upcoming week: ECB – RBA – BAC

ECB interest rate decision.  Thursday December 8th at 7:45 AM ET/1245 GMT.  ECB is expected to keep their interest rates unchanged. However, they are expected to announce an extension of the QE program.  Draghi will have his usual press conference starting at 8:30 AM ET,

RBA interest rate decision. Monday December 5 at 10:30 PM ET/Tuesday December 6 at 0330 GMT. The Reserve Bank of Australia is expected to keep the rates unchanged at 1.5%. There has been more chatter recently, that the RBA may look to tighten in 2017.  The RBA last changed rates in July.

BOC interest rate decision.  Wednesday, December 7th at 10 AM ET/1500 GMT. The Bank of Canada is expected to keep rates unchanged at 0.5%.

Forex Technical Outlook 12-1-2016

Sign of life for EURUSD

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