Kshitij Consultancy Services
Economic Calendar


Dollar Index (Reverse scale) & EURUSD:Looking for Dollar strength

Last year, when Dollar Index was 93 we predicted a rise to 105 in 2018, as part of a long-term 5-wave upmove. It is near 94 now, after having seen a low of 89.11 in Jan. Our overall reading remains bullish for 100 and even 105 on Dollar Index while it trades above 92-89. Given the high inverse correlation between the Dollar Index and the Euro, even if the Dollar Index rises to 100 (not 105), it can weaken the Euro towards 1.10.
JUNE - 2018
DATE TIME ECONOMIC DATA UNIT EXPECTATIONS PREV ACTUAL
  GMT IST     KSHITIJ MARKET    
15-Jun-18 3:00 8:30 BOJ Meeting % - -0.10 -0.10 -0.10
  9:00 14:30 EU CPI (YoY) % 1.62 - 1.25 1.87
  9:00 14:30 EU Trade Bal EUR Bln - 20.20 19.80 18.10
  12:00 17:30 IN Trade bal $ Bln -13.33 - -13.72 -14.62
  13:15 18:45 US Industrial Production % 1.22 0.3 0.94 -0.09
  13:15 18:45 US Capacity Utilization % 78.49 78.1 78.1 77.9
  20:00 1:30 US TICS (Net foreign purch of long-term Sec) $ Bln 58.91 58.5 61.84 93.85
19-Jun-18 12:30 18:00 US Housing Starts K 1240 1310 1286 1350
20-Jun-18 12:30 18:00 US Current Account Balance $ Bln -129 -129 -128 -
  14:00 19:30 US Existing Home Sales K 5573 5550 5460 -
21-Jun-18 7:30 13:00 SNB Mtg % - -0.75 -0.75 -
  11:00 16:30 BOE Mtg % - 0.50 0.50 -
  11:00 16:30 UK BOE Minutes   - 2-0-7 2-0-7 -
  12:30 18:00 US Philifed Index   42.02 28.3 34.40 -
22-Jun-18 12:30 18:00 CA Inflation Y/Y % 2.3 - 2.2 -