Forex Market Trading May17 Preview

Forex Market Trading May17 Preview - Today we have another barrage of news coming out, both from eur and the us. Among the most important times for today's forex market trading are: 4:30 (all times EST), when we have a set of gbp data, especially The Bank of England Minutes, then 30 min later we have the eur Consumer Price Index and Industrial Production. In us forex market trading we also have the Consumer Price Index at 8:30 EST.

Forex Market Trading May17 major reports coming out:

04:30 UK Bank of England May MPC Meeting Minutes cons.8-0,prev 8-0
05:00 E-12 Apr CPI y/y cons. 2.4% prev. 2.2%
05:00 E-12 Mar Industrial Production cons. -0.3% prev. 0.0%
08:30 US Apr Core CPI cons. 0.2% prev. 0.3%
08:30 US Apr CPI cons. 0.5% prev. 0.4%
09:15 US Boston Fed Pres. Minehan Speaks
21:30 AUD Reserve Bank of Australia Bulletin

Forex Market Trading today should also see a volatile session. As you can see on my eur chart on top, I still am waiting for a signal to confirm a continuation of the longterm trend, so no longterm trading today, just daydrading. I might include a news strategy for days like these in my forex trading strategies.

That's all for today's forex market trading may17 preview.