Trader’s calendar on June 12: European and Asian currencies slide, USD extends positive factors

The US dollar index continued its bullish run today, reaching a three-week high. This rally follows Friday’s 0.8% surge, driven by impressive US jobs data. As a result, markets have adjusted their forecasts and are now anticipating only one rate cut from the Federal Reserve by the year’s end. In Europe, political instability intensified after far-right political parties made significant gains in the European Parliament elections. Against this background, demand for the dollar as a safe-haven asset increased, putting pressure on the EUR/USD pair. In Asia, the dollar hit a one-week high against the yen. Now let’s take a look at the key reports that will be in the focus of market participants tomorrow, June 12th.

https://www.instaforex.com

FX Analytics – https://www.instaforex.com/forex_analytics
Forex Calendar – https://www.instaforex.com/forex_calendar
Forex TV from InstaForex – https://www.instaforex.com/instaforex_tv

Forex charts – https://www.instaforex.com/charts
Instant account opening – https://www.instaforex.com/fast_open_live_account
Forex Trading Contests – https://www.instaforex.com/forex_contests

List of official InstaForex blogs:
https://www.facebook.com/instaforex
https://www.instagram.com/instaforex/

00:00 INTRO
01:10 INFLATION RATE
01:59 INFLATION RATE
02:38 GDP GROWTH RATE
00:00 INDUSTRIAL PRODUCTION
03:06 ANNUAL INFLATION RATE
00:00 FED’S INTEREST RATE DECISION