31.01.-04.02. Central Bank Rates incoming

Source: Dukascopy Bank SA
This week, the central banks of Australia, the United Kingdom and the European Union are set to reveal their monetary policy by issuing statements and setting interest rates.

The Reserve Bank of Australia is set to publish its interest rate on Tuesday at 03:30 GMT. On the same day, at 13:30 GMT, the Canadian GDP data will be released.

Also on Tuesday, the US ISM Manufacturing Purchasing Managers Index release at 15:00 GMT could cause USD moves.

On Wednesday, at 13:15 GMT, the US ADP Non-Farm Employment Change is set to be published. The event might cause minor USD volatility.

On Thursday, the Bank of England will release its Monetary Policy Summary at 12:00 GMT. Expect GBP volatility, as the bank already started to hike interest rates in December.

At 12:45 GMT the European Central Bank is set to publish its Main Refinancing Rate and Monetary Policy Statement. However, note that volatility is present during the Press Conference of the bank. The press conference is scheduled to start at 13:30 GMT.

The day will end with the US ISM Services PMI, which might cause minor volatility.

On Friday, Canada and the US are going to publish their employment data sets at 13:30 GMT.

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

Tuesday, 03:30 GMT
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Tuesday, 13:30 GMT
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Tuesday, 15:00 GMT
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Wednesday, 13:15 GMT
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Thursday, 12:00 GMT
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Thursday, 12:45 GMT
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Thursday, 15:00 GMT
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Friday, 13:30 GMT
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© Dukascopy Bank SA

© Dukascopy Bank SA

© Dukascopy Bank SA

© Dukascopy Bank SA

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