The British Pound appreciated against the US Dollar, following the UK CPI release on Wednesday at 09:30 GMT. The GBP/USD exchange currency rate gained 22 pips or 0.17% after the release. The Pound continued trading at the 1.3020 level against the Greenback after the release.
The British Pound depreciated against the US Dollar, following the UK Average Earnings Index release on Tuesday at 09:30 GMT. The GBP/USD exchange currency rate lost 10 pips or 0.08% after the release. The Pound continued trading at the 1.3000 level against the Greenback after the release.
The European Common Currency appreciated against the US Dollar, following the US Retail Sales release on Friday at 13:30 GMT. The EUR/USD exchange currency rate gained 5 pips or 0.04% after the release. The Euro continued trading at the 1.0855 level against the Greenback after the release.
The European Common Currency traded sideways against the US Dollar, following the US CPI release on Thursday at 13:30 GMT. The GBP/USD exchange currency rate lost 4 pips or 0.04% after the release. The Euro continued trading at the 1.0850 level against the Greenback after the release.
During the week, notable data releases are set to start on Wednesday. On Wednesday, at 09:30 GMT, the UK CPI is set to be published. On the same day, at 13:30 GMT, the Canadian CPI data will be released. Later in the day, the Federal Reserve will publish its FOMC Meeting Minutes at 19:00 GMT. On Thursday, UK Retail Sales data is
The British Pound appreciated against the US Dollar, following the UK GDP and Manufacturing Production release on Tuesday at 09:30 GMT. The GBP/USD exchange currency rate gained 20 pips or 0.16% after the release. The Pound continued trading at the 1.2940 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 20 pips or 0.15% after the release. The Greenback continued trading at the 1.3315 level against the Canadian Dollar after the release.
The European Common Currency depreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate lost 13 pips or 0.11% after the release. The Euro continued trading at the 1.0960 level against the Greenback after the release.
During the week, notable data releases are set to start on Tuesday. On Tuesday, at 09:30 GMT, the UK Manufacturing Production, Monthly GDP and the Preliminary Quarterly GDP are set to be published. Usually, the Monthly GDP and Manufacturing Production are released together. The quarterly GDP appears once every three months and causes a larger reaction than the monthly
The European Common Currency depreciated against the US Dollar, following the US ISM Manufacturing PMI survey results release on Monday at 15:00 GMT. The EUR/USD exchange currency rate lost 11 pips or 0.10% after the release. The Euro continued trading at the 1.1045 level against the Greenback after the release.
The US Dollar appreciated against the Canadian Dollar, following the Canadian GDP release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 15 pips or 0.11% after the release. The Greenback continued trading at the 1.3230 level against the Canadian Dollar after the release.
Next week, as the first of the month, is bound to have monthly data releases. Among them will be the US ISM Manufacturing and Non-Manufacturing Purchasing Managers Indices. These events are capable of causing moves of up to 37.0 pips. On Tuesday, look out for the Reserve Bank of Australia revealing their official Cash Rate. A rate cut is expected. The
The British Pound appreciated against the US Dollar, following the BOE Monetary Policy Report data release on Thursday. Note that the surge happened one minute before the official release at 12:00 GMT. The GBP/USD exchange currency rate gained 49 pips or 0.38%. The Pound continued trading at the 1.3080 level against the Greenback after the release.
The European Common Currency traded sideways against the US Dollar, following the FOMC Statement release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% after the release. The Euro continued trading at the 1.1006 level against the Greenback after the release.
The US Dollar appreciated against the Canadian Dollar, following the Canadian Retail Sales data release on Friday at 13:30 GMT. The USD/CAD exchange currency rate gained 18 pips or 0.14% right after the release. The Greenback continued trading at the 1.3130 level against the Canadian Dollar after the release.
The European Common Currency depreciated against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 12:45 GMT. The EUR/USD exchange currency rate lost 54 pips or 0.49% after the release. Note that right after the release the rate gained 19 pips or 0.17%. The Euro continued trading at the 1.1055 level against the Greenback after the
During the last week of January, most attention will be paid to the US Federal Reserve and the Bank of England. Both central banks have scheduled their rate announcements for this week. Before that, on Tuesday, minor spike in volatility could occur due to the US Durable Goods Orders Release at 13:30 GMT. In addition, oil and all macro release traders, note
The US Dollar appreciated against the Canadian Dollar, following the Canadian Overnight Rate announcement release on Wednesday at 15:00 GMT. The USD/CAD exchange currency rate gained 44 pips or 0.33% right after the release. The Greenback continued trading at the 1.3135 level against the Canadian Dollar.
The British Pound appreciated against the US Dollar, following the UK Average Earnings Index data release on Tuesday at 09:30 GMT. The GBP/USD exchange currency rate gained 16 pips or 0.12% right after the release. The British Pound continued trading at the 1.3035 level against the Greenback.
The British Pound depreciated against the US Dollar, following the UK Retail Sales data release on Friday at 09:30 GMT. The GBP/USD exchange currency rate lost 36 pips or 0.28% right after the release. The British Pound continued trading at the 1.3050 level against the Greenback.
The week will be filled with data releases that are shown on many economic calendars as high impact. Throughout the week releases from Canada will be published. On Wednesday, the Canadian CPI data will be published at 13:30 GMT. On Friday, the Canadian core Retail Sales data will be released at 13:30 GMT. Meanwhile, one the top events of the week
The British Pound depreciated against the US Dollar, following the UK CPI data release on Wednesday at 09:30 GMT. The GBP/USD exchange currency rate lost 31 pips or 0.24% right after the release. The British Pound continued trading at the 1.2995 level against the Greenback.
The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Tuesday at 13:30 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% right after the release. The Euro continued trading at the 1.1110 level against the Greenback.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 29 pips or 0.23% right after the release. The Greenback continued trading at the 1.3035 level against the Canadian Dollar.