31.08.-04.09. Event Historical Reactions

Source: Dukascopy Bank SA
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, at 14:00 GMT the US ISM Manufacturing PMI is set to be published. This event has caused moves on the EUR/USD from 7.0 to 23.8 pips. Note that the largest moves were the most recent ones.

At 12:15 on Wednesday, the ADP Non-Farm Payrolls could cause a move from 5.5 to 17.7 pips. Dukascopy Analytics usually ignore this event because prior to August the range was 5.5 to 8.4 pips. The early August release caused a 17.7 pip move.

On Thursday, watch the economic calendar two times during the day. At 12:30 the weekly US Unemployment Claims are set to be released. At 14:00 GMT, the US ISM Non-Manufacturing PMI results will be published. A EUR/USD move from 8.9 to 26.5 pips is possible.

On Friday, both Canada and the US are set to release their monthly employment data at 12:30 GMT. Depending on the currencies that one trades, one needs to look at different data tables, as reactions to the event vary.

The reactions on the tables are measured in pips by comparing the difference in the exchange rate five minutes before the event and five minutes after the event.

Tuesday, 04:30 GMT
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Tuesday, 14:00 GMT
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Wednesday, 12:15 GMT
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Thursday, 12:30 GMT
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Thursday, 14:00 GMT
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Friday, 12:30 GMT
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