Saxo Group Videos

Get ready: It'll be a busy week for traders and here's why!

This week will be really busy for forex traders with nonfarm payrolls and other data out of the US, two central bank meetings and European PMI - all events that Saxo Bank's John Hardy will be watching to see if the US dollar can consolidate its recent rise.

He says US data has become increasingly magnified in the markets as traders look for clues as to when the US Federal Reserve may move on interest rates. Among the events, he will be watching will be an interest rate decision in Australia on Tuesday and a European Central Bank meeting on Wednesday.

An OPEC meeting on Friday June 5th will be keeping oil traders busy, says Saxo Bank's Ole Hansen. When OPEC last met in November and agreed to maintain production at 30 million barrels a day, oil prices moved sharply. Question is what the group of oil producers will do this time around.

01:41 minutes
Tags: australian central bank, commodities, commodity, commodity market, commodity strategy, commodity trading, crude, currencies, currency, ecb meeting, european central bank, european pmi, fed, fed meeting, federal, federal policy meeting, federal reserve, federal reserve rate hikes, forex, forex markets, forex trading, fx, interest rates, john, john hardy, john hardy forex, john hardy saxo bank, john j hardy, johnhardy, johnjhardy, non farm, non farm payrolls, non farms, non-farm, non-farm payrolls, non-farmpayrolls, non-farms, nonfarm, nonfarm payroll data, nonfarm payrolls, nonfarmpayroll, nonfarmpayrolls, nonfarms, oil, ole, ole hansen, ole hansen commodities, ole s hansen, ole saxo, olehansen, oleshansen, opec, opec meeting, opec news, opec price, opec production, saxo, saxo bank, saxo bank commodities, saxo bank forex, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, trade, trade idea, trade ideas, trader, traders, trading, trading commodities, trading currencies, trading equities, trading floor, trading floor saxo tv, trading fx, trading platform, trading strategy, trading tips, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom, us data, us dollar, us dollar rally, us dollar rise, us economic data, us economy, us economy improving, us equities, us fed, us federal reserve, usd, usd rally, usd rise, wti

Switch to