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Herman, today our financial analyst team has prepared a new review of upcoming events this week. These events can significantly affect the Forex market. Choose and follow the events that you think are most important.
 Last week the US dollar weakened against other major world currencies. The dollar index (#DX) fell by more than 1.2%. The United States continues to issue weak economic reports. Political uncertainty also generates pressure. Currently, the possibility of Fed rate hikes in December this year is at 47.1% level.
In the upcoming trading week, we recommend that you take note of the following events.
 24.07
On Monday, a number of business activity indexes in Germany and the Euro region will be published in their respective European trading sessions at 10:30 (GMT + 3:00) and 11:00 (GMT + 3:00).
The National Association of Realtors of the United States will publish a report on the sale of the secondary housing market at 17:00 (GMT + 3: 00).
 25.07
On Tuesday, minutes of the Bank of Japan monetary policy meeting will be due at 2:50 pm (GMT + 3: 00).
We also recommend to pay attention to the following statistics:
IFO business climate index in Germany at 11:00 (GMT + 3: 00); Consumer confidence index at 17:00 (GMT + 3:00) . 26.07
On Wednesday, the background will be very crowded. The Fed will decide on the interest rate at 21:00 (GMT + 3:00). Financial market participants expect the regulator not to change monetary policy. At the same time, it is also necessary to pay attention to the comments and rhetoric of central bank representatives.
Important economic reports:
New Zealand trade balance - 01:45 (GMT + 3: 00); Statistics on inflation in Australia - 04:30 (GMT + 3: 00) UK GDP data - 11:30 (GMT + 3: 00). Mental AS - 17:30 (GMT + 3: 00). This report may have an impact on the dynamics of commodity currencies. 27.07
On Thursday, attention will be focused on economic reports from the US:
Order statistics for durable goods - 15:30 (GMT + 3: 00); Foreign trade balance of goods - 15:30 (GMT + 3: 00); Amount of initial claim for unemployment benefit - 15:30 (GMT + 3: 00) . 28.07
On Friday in Asian trading session, a number of important Japanese economic statistics will be published.
At 15:30 (GMT + 3:00), preliminary US and Canadian GDP reports will be released.
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