The European Common Currency traded sideways against the US Dollar, following the ECB Monetary Policy Meeting Accounts data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pips or 0.01% right after the release. The Euro continued trading at the 1.1084 level against the Greenback.
This week, there are only two days, on which the Economic Calendars are worth looking at. Those days are Wednesday and Friday. On Wednesday, some impact on the USD pairs might be created by the US Durable Goods Orders and US Preliminary GDP. The GDP is the second of the three GDP data sets being released quarterly. It is not causing
The European Common Currency traded sideways against the US Dollar, following FOMC Meeting Minutes data release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.02% right after the release. The Euro continued trading at the 1.1067 level against the Greenback.
This week, high impact is expected from the Canadian CPI and Retail sales data releases. News event traders most likely will concentrate on these events. Also this week, the Euro could move, as the only data release, which manages to push it notably, is occurring this week. The German Manufacturing and Services PMIs are set to be published on Friday. In the
The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Wednesday at 13:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1007 level against the Greenback.
The British Pound traded sideways against the US Dollar, following the UK CPI data release on Wednesday at 09:30 GMT. The GBP/USD exchange currency rate lost 7 pips or 0.05% right after the release. The British Pound continued trading at the 1.2850 level against the Greenback.
The British Pound depreciated against the US Dollar, following the UK GDP data release on Monday at 09:30 GMT. The GBP/USD exchange currency rate lost 14 pips or 0.11% right after the release. The British Pound continued trading at the 1.2803 level against the Greenback.
The US Dollar appreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate gained 28 pips or 0.21% right after the release. The Greenback continued trading at the 1.3225 level against the Canadian Dollar.
This week is full of data releases. However, most of them won't impact the financial markets enough to be caught in a trade. They have to be watched to manage risk. Namely, the possible trigger of stop losses due to an increase of volatility. The exception to the stated above will be the Reserve Bank of New Zealand rate announcement at
The British Pound depreciated against the US Dollar, following the UK Monetary Policy Summary release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate lost 42 pips or 0.32% right after the release. The British Pound continued trading at the 1.2830 level against the US Dollar.
The European Common Currency traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Tuesday at 15:00 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% right after the release. The Greenback continued trading at the 1.1075 level against the Greenback.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian Trade Balance data release on Tuesday at 13:30 GMT. The USD/CAD exchange currency rate gained 2 pips or 0.02% right after the release. The Greenback continued trading at the 1.3134 level against the Greenback.
The European Common Currency appreciated against the US Dollar, following the US ISM Manufacturing PMI survey results release on Friday at 14:00 GMT. The EUR/USD exchange currency rate gained 21 pips or 0.19% right after the release. The Greenback continued trading at the 1.1165 level against the Greenback.
The European Common Currency depreciated against the US Dollar, following the US Employment data set release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 21 pips or 0.19% right after the release. The Euro continued trading at the 1.1135 level against the Greenback.
The US Dollar appreciated against the Canadian Dollar, following the Canadian GDP data release on Thursday at 12:30 GMT. The USD/CAD exchange currency rate gained 13 pips or 0.10% right after the release. The Greenback continued trading at the 1.3160 level against the Greenback.
As it is accustomed, the biggest reaction will be from the Canadian events. This week the Canadian Trade Balance and Employment data are getting released. Meanwhile, the Bank of England rate statement should cause a notable move of nearly twenty pips. In addition, take a look at the US ISM Non-Manufacturing PMI. The last release of the PMI caused a move
The European Common Currency depreciated against the US Dollar, following the FOMC Statement release on Wednesday at 18:00 GMT. The EUR/USD exchange currency rate lost 15 pips or 0.13% right after the release. The Euro continued trading at the 1.1110 level against the Greenback.
The US Dollar appreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate gained 42 pips or 0.32% right after the release. The Greenback continued trading at the 1.3160 level against the Greenback.
The European Common Currency traded sideways against the US Dollar, following the US Advance GDP data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 10 pips or 0.09% right after the release. The Euro continued trading at the 1.1105 level against the Greenback.
This week most notable event will occur in Canada. The Bank of Canada is set to make a rate announcement. This event creates the most volatility that can be created by a macroeconomic announcement. Meanwhile, the US Federal Reserve is expected to do a rate cut this week, which is expected to have a larger and more long term oriented impact
The European Common Currency traded sideways against the US Dollar, following the US Durable Goods Orders data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.03% right after the release. The Euro continued trading at the 1.1130 level against the Greenback.
The European Common Currency 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% right after the release. The Euro continued trading at the 1.1126 level against the Greenback.
The European Common Currency appreciated against the US Dollar, following the French Flash Services PMI survey results release on Thursday at 07:15 GMT. The EUR/USD exchange currency rate gained 16 pips or 0.15% right after the release. The Euro continued trading at the 1.1155 level against the Greenback.
The US Dollar appreciated against the Canadian Dollar, following the Canadian Retail Sales data release on Tuesday at 12:30 GMT. The USD/CAD exchange currency rate gained 13 pips or 0.10% right after the release. The Greenback continued trading at the 1.3115 level against the Canadian Dollar.