04.10.-08.10. Employment and Central Banks

Source: Dukascopy Bank SA
The week will experience three notable events. Namely, the Australian and New Zealand central bank rates and the US Employment data publication.

On Tuesday, the Reserve Bank of Australia is set to publish its Rate Statement and Cash Rate at 03:30 GMT. Australian Dollar traded assets are expected to experience volatility.

Also on Tuesday, the US ISM Services PMI at 14:00 GMT could impact the value of the US Dollar and all USD currency exchange rates.

On Wednesday, at 01:00 GMT, the Reserve Bank of New Zealand will publish its Official Cash Rate and Rate Statement. Expect the New Zealand Dollar to be highly volatile due to the release.

In addition, on Wednesday, the ADP Non-Farm Employment Change at 12:15 GMT might cause USD volatility. Later on, on the same day, crude oil prices are set to move due to the publication of the US Crude Oil Inventories change at 14:30 GMT.

On Thursday, the weekly US Unemployment Claims at 12:30 GMT might cause a minor move in the USD.

On Friday, at 12:30 GMT, the US employment data sets will be out. Namely, the Average Hourly Earnings change, the Non-Farm Employment Change and the monthly Unemployment Rate are bound to impact the value of the US Dollar.

At the same time as the US Employment data, the Canadian Employment Change and Unemployment Rate are also going to be published. The Canadian Dollar is bound to react to the news.

The moves on the tables are measured in pips by measuring five minutes before and after a data release. The exception to the rule are the Brent and Light crude oil prices, which are shown in USD cents.

Tuesday, 03:30 GMT
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Tuesday, 14:00 GMT
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Wednesday, 01:00 GMT
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Wednesday, 12:15 GMT
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Wednesday, 14:30 GMT
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Thursday, 12:30 GMT
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Friday, 12:30 GMT
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