The week is bound to be the busiest in the memory of Dukascopy Analytics analysts. In general, there are 21 data sets, which could cause sudden moves in currencies. The 21 data sets can be divided into various groups. Namely, inflation, consumption, weekly data releases and PMI survey results. However, before looking at data, take into account that the US Federal
The Euro appreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate gained 31 pips or 0.26% after the release. The Euro continued trading at the 1.2015 level against the Greenback after the release.
The week is bound to be a quiet one, as minor events are scheduled. However, it was recently spotted that an event, which had lost its impact, has returned. Namely, the US Energy Information Administration weekly US Crude Oil Inventories. This year, this event has been causing reactions of up to 65 cents per barrel. The data table also has
The British Pound appreciated against the US Dollar, following the BOE Monetary Policy Report release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate gained 79 pips or 0.59% after the release. The Pound continued trading at the 1.3640 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the EU Prelim Flash GDP data release on Tuesday at 10:00 GMT. The EUR/USD exchange currency rate lost 30 pips or 0.25% after the release. The Euro continued trading at the 1.2030 level against the Greenback after the release.
The first week of February is notable with two central bank rate announcements and policy statements and the monthly employment data sets from Canada and the US on Friday. The RBA Rate Statement and Cash Rate will be published on Tuesday at 03:00 GMT. Expect a move on all Australian Dollar pairs. On Thursday, the Bank of England will release their Monetary
The Euro depreciated against the US Dollar, following the FOMC Statement release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 25 pips or 0.21% after the release. The Euro continued trading at the 1.2110 level against the Greenback.
The Euro appreciated against the US Dollar, following the German Flash PMIs survey results release on Friday at 08:30 GMT. The EUR/USD exchange currency rate gained 21 pips or 0.17% after the release. The Euro continued trading at the 1.2180 level against the Greenback after the release.
The last week of each month traditionally is relatively calm in regards of the economic calendar. The last month of January is no exception. Most of notable events are expected from the United States. Namely, on Wednesday, January 27, the Federal Reserve is going to unveil its monetary policy plans by publishing the FOMC Statement at 19:00 GMT. On Thursday, January 28,
The Euro traded sideways against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 12:45 GMT. The EUR/USD exchange currency rate gained 10 pips or 0.08% after the release. The Euro continued trading at the 1.2160 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the BOC Monetary Policy Report release on Wednesday at 15:00 GMT. The USD/CAD exchange currency rate lost 72 pips or 0.57% after the release. The Greenback continued trading at the 1.2670 level against the Loonie after the release.
The week is bound to be busy, as there are many data sets being published. Moreover, two central banks will make rate statements together with monetary policy statements at pre-scheduled times. In addition, take into account that the Bank of Japan, which does not set a certain time, will make a policy statement on Thursday. Notable data releases are set
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 21 pips or 0.17% after the release. The Greenback continued trading at the 1.2670 level against the Loonie after the release.
The Euro appreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate gained 28 pips or 0.23% after the release. The Euro continued trading at the 1.2280 level against the Greenback after the release.
During the week there will be minor data sets published, which could cause initial reactions of up to 20 pips. Traders with close by tight stop losses should take into account the times of the macroeconomic data releases. On Wednesday, the United States Bureau of Labor Statistics is set to publish the Consumer Price Index and Core Price Index at
The first week of the year is bound to have notable data releases. The top among them are the release of the US Federal Open Markets Committee Meeting Minutes and the US monthly employment data sets. On Tuesday, at 15:00 GMT, a minor move could be caused by the release of the US ISM Manufacturing PMI. On Wednesday, the mentioned
The week of Christmas is set to have an early market closing on Thursday in many countries and reduced liquidity due to people being on holidays. However, there are still four noteworthy data sets being released in the days before people are off from work. All of the data releases of the week are scheduled to occur on 13:30 GMT.
The British Pound depreciated against the US Dollar, following the BOE Monetary Policy Summary release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate lost 28 pips or 0.21% after the release. The Pound continued trading at the 1.3590 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the FOMC Statement release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 43 pips or 0.36% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the US Flash PMIs survey results release on Wednesday at 14:45 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.13% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
The Euro appreciated against the US Dollar, following the German Flash PMIs survey results release on Wednesday at 08:30 GMT. The EUR/USD exchange currency rate gained 40 pips or 0.33% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
Next week in itself is an anomaly, as there are more than twenty notable data sets to watch. In addition, most of them are expected to cause market moves. A big part of the mass is taken up by the Markit Services and Manufacturing PMIs. On Wednesday, the Purchasing Managers Indices will be released for European countries, the UK
The Euro appreciated against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 14:45 GMT. The EUR/USD exchange currency rate gained 29 pips or 0.24% after the release. The Euro continued trading at the 1.2110 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 15:00 GMT. The USD/CAD exchange currency rate lost 14 pips or 0.11% after the release. The Greenback continued trading at the 1.2810 level against the Loonie after the release.