The week will start with a long forgotten data release. The UK quarterly GDP is scheduled to be published on Wednesday at 06:00 GMT. The event has caused GBP/USD moves from 8.3 to 23.7 pips since June 2019. Due to the quite rare caused movement, this release was previously ignored.
Afterwards, at 12:15 GMT the ADP Non-Farm Employment Change data release could cause a move. For example, the EUR/USD has moved from 5.5 to 24.8 pips on the announcement. The largest moves of 17.7 and 24.8 pips were in August and September. Before that, the data release did not cause above normal volatility.
On the same day, at 12:30 GMT Canada and the US are publishing GDP data. Due to the fact that the USD/CAD is set to be impacted from both sides and there are no precedents to this event, data for other pairs can be analyzed.
On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause a minor move.
The week will end with a monthly data release. The US Average Hourly Earnings, Non-Farm Employment Change and the Unemployment Rate are scheduled for 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, 06:00 GMT
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Wednesday, 12:15 GMT
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Wednesday, 12:30 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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