Major economic events that could impact the trading of the euro against the US dollar for the week ending January 20th, 2012 are as follows:
On Monday, stock markets in United States remained closed in observance of the Martin Luther King Jr. Day. In euro zone, European Central Bank’s President, Mario Draghi appeared before the European Parliament’s Economic and Monetary Affairs Committee.
On Tuesday, in euro zone, data on consumer price inflation and ZEW index of economic sentiment was released. Moreover, report on German ZEW economic sentiment index was also published today. In United States, Empire State Manufacturing index was reported.
On Wednesday, January 18th, 2012, several reports will be published United States which will include data on producer price inflation, data on foreign purchases of long term securities, data on industrial production, data on crude oil stockpiles and report on capacity utilization rate by US Federal Reserve.
On January 19th, 2012, United States will release its data on building reports along with its official data on consumer price inflation. Moreover, the US Labor Department will publish its data on jobless claims along with official data on housing starts and manufacturing activity in Philadelphia.
In euro zone, European Central Bank will publish its data on current account along with its monthly bulletin.
On Friday January 20th, 2012, the United States will report its data on existing home sales by National Association of Realtors.
