📌 Key Forex Events This Week

#OPINIONLEADER#

This week (December 15–21), the forex market will face a series of major events. Interest rate decisions from the Federal Reserve, European Central Bank, Bank of England, and Bank of Japan, along with key U.S. data including CPI, employment figures, and the core PCE price index, could trigger significant exchange rate volatility.

📌 Key Forex Events This Week

📅 Monday, December 15

• 07:50 Japan Q4 BoJ Tankan Index
• 10:00 China November Urban Fixed Asset Investment
• 10:00 China November Retail Sales
• 18:00 Eurozone October Industrial Production
• 23:00 U.S. December NAHB Housing Market Index

📅 Tuesday, December 16

• 17:00 Eurozone December PMI
• 18:00 Eurozone December ZEW Economic Sentiment Index
• 21:30 U.S. November Non-Farm Payrolls
• 22:45 U.S. December S&P Global PMI

📅 Wednesday, December 17

• 07:50 Japan November Trade Balance
• 07:50 Japan October Core Machinery Orders
• 15:00 U.K. November CPI
• 17:00 Germany December IFO Business Climate Index
• 23:30 U.S. Weekly EIA Crude Oil Inventory Change

📅 Thursday, December 18

• 20:00 Bank of England Interest Rate Decision
• 21:15 European Central Bank Interest Rate Decision
• 21:30 U.S. November CPI
• 21:30 U.S. Weekly Initial Jobless Claims
• 23:00 U.S. November Existing Home Sales
• 23:30 U.S. December Philadelphia Fed Manufacturing Index

📅 Friday, December 19

• 07:30 Japan November CPI
• 11:00 Bank of Japan Interest Rate Decision
• 15:00 Germany November PPI
• 23:00 Eurozone December Consumer Confidence Index

🔎 Market Overview & Trends

• U.S. Dollar Index: Down for three consecutive weeks. Markets are pricing in a dovish Fed pivot. If employment or inflation data continues to weaken, the dollar may face further pressure.
• Euro: Trending upward and nearing multi-month highs. A hawkish ECB stance could support further euro strength.
• British Pound: Pressured by recession data. A hawkish BoE decision may trigger a rebound.
• Japanese Yen: Strengthening on rate hike expectations. BoJ’s decision is pivotal.
• Gold: Approaching $4,200. Market sentiment is shifting rapidly with Fed policy expectations, reflecting sustained demand for safe-haven assets.

⚠️ Risk & Trading Strategy

• Data Clustering: Employment, inflation, and central bank decisions are concentrated this week. Expect high volatility—manage positions and risk carefully.
• Policy Divergence: Dovish Fed vs potentially hawkish ECB/BoJ—watch for currency pair divergence.
• Short-Term Opportunities: Focus on breakout setups in USD/EUR and USD/JPY, especially post-data release.
• Risk Control: Avoid heavy positions around data releases. Use stop-loss wisely to guard against false breakouts and sharp reversals.