Market Opportunities : Week 04-04-2022 - 08-04-2022

USDIDX: ISM United States Non-Manufacturing Purchasing Managers Index (PMI) report for March is the indicator in the April 4 - 8 week. The Institute for Supply Management will release the Non-Manufacturing PMI on April 5. In case the Manufacturing PMI improvement for March exceeds the expected reading of 63.4, it will be bullish for US Dollar index.

EURUSD: Euro zone retail sales report for February is an important economic event for forex markets. The Eurostat will release the Retail Sales report on April 7. In case the retail sales increases more than the forecast 0.4% - the EURUSD will get a bullish boost. There is a likelihood the retail sales may increase less than forecast, which will be bearish for EURUSD.