USD has increased to its highest level in two weeks after the Federal Reserve Bank increased the interest prices as the expectation on a wider range and continue its plans to go forward in increasing the interest price at the end of this year. And the Central Bank evaluate more details about its way planning to decrease it budget which is 4.5 billion dollars.
Although of the Federal Reserve Bank message, but the players in the market still doubted about federal reserve ability to increase the interest prices before the end of the year because of the last miserable data about the American economic data.
After a week of Central Bank meetings, the players in the market will focus on the spoken in the federal reserve next week, which they looking for another evidence about the monetary policy future movements.
And the traders will wait for housing data in the United States to measure if the last decrease in consumer spending and inflation translated to decreasing in houses prices and sales stagnation.
At the same time in Europe, the shares in the market are waiting for (Brexit) negotiations to get started between Britain and the United Europe.
The following is the most important expectation events this week:
Monday 19 of June
The British Minister of Foreign Affairs David Davies and the main negotiator for the United Europe Michelle Barney will start the negotiations about separating Britain from the United Europe in Brussels.
And the Federal Reserve Bank president in new York William Dudley and the Federal Reserve Bank president in Chicago Charles Evans will speak.
Tuesday 20 of June
and the federal reserve Bank president Stanley Fischer and the Federal Reserve Bank president in Boston Erik Rosengren and the Federal Reserve Bank president in Dallas Robin Kaplan may speak too.
Wednesday 21 of June
And the national association for real estate brokers will issue data and the sales of the existing houses.
Thursday 22 of June
The United States will issue the weekly data about Claims of initial unemployment.