The British Pound traded sideways against the US Dollar, following the UK Retail Sales data release on Friday at 06:00 GMT. The GBP/USD exchange currency rate lost 1 pips or 0.01% after the release. The Pound continued trading at the 1.2970 level against the Greenback after the release.
The week's notable events are set to start early on Wednesday, as at 02:00 GMT the Reserve Bank of New Zealand is scheduled to publish its base interest rate. A NZD/USD move in the range from 47.2 to 88.8 pips can be expected. In addition, Wednesday is a major day for other data releases. Throughout the whole day the Markit
The British Pound depreciated against the US Dollar, following the BoE Monetary Policy Summary release on Thursday at 11:00 GMT. The GBP/USD exchange currency rate lost 43 pips or 0.33% after the release. The Pound continued trading at the 1.2900 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the FOMC Statement release on Wednesday at 18:00 GMT. The EUR/USD exchange currency rate gained 3 pips or 0.02% after the release. The Euro continued trading at the 1.1830 level against the Greenback after the release.
The Euro declined against the US Dollar, following the US Retail Sales data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 28 pips or 0.23% after the release. However, afterwards the Euro returned to trading at the 1.1865 level against the Greenback after the release.
The British Pound traded sideways against the US Dollar, following the UK CPI data release on Wednesday at 06:00 GMT. The GBP/USD exchange currency rate gained 1 pips or 0.01% after the release. The Pound continued trading at the 1.2950 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US CPI data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.06% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.
During the week, noteworthy events start on Wednesday, 06:00 GMT, at that time, the United Kingdom Consumer Price Index year on year change is set to be published. During the last six months this event has caused moves from 10.0 to 16.2 base points. On the same day, at 12:30 GMT the US Retail Sales and Core Retail Sales data sets
The Euro appreciated against the US Dollar, following the US PPI and Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 35 pips or 0.29% after the release. The Euro continued trading at the 1.1880 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 11:45 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.02% after the release. The Euro continued trading at the 1.1850 level against the Grenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate lost 1 pips or 0.01% after the release. The Greenback continued trading at the 1.3200 level against the Loonie after the release.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian Employment data set release on Friday at 12:30 GMT. The USD/CAD exchange currency rate lost 1 pips or 0.01% after the release. The Greenback continued trading at the 1.3110 level against the Loonie after the release.
The Euro traded sideways against the US Dollar, following the US Employment data set release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.01% after the release. However, the release caused major decline afterwards, and the rate dropped 35 pips or 0.30%. The Euro continued trading at the 1.1810 level against the Greenback after
The Euro traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 17 pips or 0.14% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.
The Euro appreciated against the US Dollar, following the US ADP Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 17 pips or 0.14% after the release. The Euro continued trading at the 1.1840 level against the Greenback after the release.
The top event of all scheduled macroeconomic announcements is set to occur next week. Namely, on Wednesday, at 14:00 GMT the Bank of Canada Rate Statement is set to be published. On Thursday, at 11:45 GMT, the European Central Bank would publish its Main Refinancing Rate, which most likely would remain at a 0.00%. However, despite the rate remaining unchanged, since
The Euro appreciated against the US Dollar, following the US ADP Non-Farm Employment Change data release on Wednesday at 12:15 GMT. The EUR/USD exchange currency rate gained 14 pips or 0.12% after the release. The Euro continued trading at the 1.1870 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the US ISM Manufacturing PMI survey results release on Tuesday at 14:00 GMT. The EUR/USD exchange currency rate lost 34 pips or 0.28% after the release. The Euro continued trading at the 1.1940 level against the Greenback after the release.
The Australian Dollar traded sideways against the US Dollar, following the RBA Rate Statement data release on Tuesday at 04:30 GMT. The AUD/USD exchange currency rate gained 7 pips or 0.10% after the release. The Aussie continued trading at the 0.7400 level against the Greenback after the release.
The first week of the month is upcoming. It is set to reveal monthly data sets, which are expected to cause notable currency rate adjustments. On Tuesday, at 04:30 GMT the Reserve Bank of Australia is set to reveal their cash rate. Even no changes in the rate cause moves of more than ten pips on the AUD/USD. On the same day,
The Euro traded sideways against the US Dollar, following the US Durable Goods Orders data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 9 pips or 0.07% after the release. The Euro continued trading at the 1.1790 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the French Flash Manufacturing and Services PMI survey results release on Friday at 07:15 GMT. The EUR/USD exchange currency rate lost 20 pips or 0.17% after the release. The Euro continued trading at the 1.1810 level against the Greenback after the release.
As the last week of the month, the following week is expected to be a quiet one. However, there are events that should be watched in the case a sharp move occurs. On Wednesday, at 12:30 GMT traders should watch the release of the US Durable Goods Orders data. The event is capable of causing volatility increases above average level. On Thursday,
Immediately after the event, the Euro traded sideways against the US Dollar, following the FOMC Meeting Minutes release on Wednesday at 18:00 GMT. The EUR/USD exchange currency rate gained 2 pips or 0.01%.