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Business / Finance

The announcement of the main event on March 14

Forex Club 14.03.2019 at 07:24

Dear traders,

note the important economic events which will lead to higher volatility in the number of tools. We recommend you to take this information into account in trade.

Tools: S&P 500 (ES), DJIA (YM), NASDAQ (NQ), EUR/USD, USD/JPY, and XAUUSD.

Event: Initial claims for unemployment benefits (Mar 4), USA.

date and time: March 14, 2019 at 15:30 GMT.

the Previous value of 223 thousand Forecast: thousand 225

Why is it important?

Data from the labor Department on the number of new applications for unemployment benefits. Determines the state of the labour market. The result is higher than expected indicates the weakness of the labour market that negatively affects the U.S. dollar. Lowest result, on the contrary, strengthens USD.

Tools: USD/JPY, GBP/JPY, EUR/JPY, CHF/JPY, CAD/JPY, 100 NIKKEI (NKD), USDX.

the Decision of the Bank of Japan interest rate.

date and time: March 15, 2019 at 05:00 GMT.

Previous reading: -0.1%. Forecast: -0.1%.

Why is it important?

the Decision on interest rates made by the Bank of Japan. In General, if the Bank of Japan shows hawkish attitude towards inflation prospects and rates increases, it is positive (or bullish) for the JPY. Accordingly, if the attitude of the Bank in relation to the national economy is a pigeon, and the rate is maintained at current levels or reduced, this has a negative impact on the currency.

have a good trading,

Command FXClub.

unemployment, USA, the Bank of Japan, bid, libertex

Not found economic events 2019-03-14 for 2019-03-14

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