In addition, Wednesday is a major day for other data releases. Throughout the whole day the Markit institute is set to publish Manufacturing and Services Purchasing Managers Indices. The indices are the result of a major survey of firm representatives.
Expect PMIs from France, Germany, the Eurozone first from 7:15 to 08:00 GMT.
Afterwards, at 08:30 GMT Pound traders are set to watch the UK Services and Manufacturing PMIs that can cause a move from 15.6 to 25.0 pips.
On the same day, at 13:45 the US PMIs will be released. A move on the EUR/USD from 8.8 to 21.1 pips has occurred on the release in the last half year. The largest moves were spotted in the previous three months.
On Thursday, as accustomed, at 12:30 GMT, the US weekly Unemployment Claims could cause a move.
The week will end with a possible minor move from the US Durable Goods Orders at 12:30 GMT.
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.
Wednesday, 02:00 GMT
Wednesday, 07:15 GMT
Wednesday, 07:30 GMT
Wednesday, 08:00 GMT
Wednesday, 08:30 GMT
Wednesday, 13:45 GMT
Thursday, 12:30 GMT
Friday, 12:30 GMT