05.10.-09.10. Macroeconomic Event Reactions

Source: Dukascopy Bank SA
During the week, pay attention to the economic data releases already on Monday. On Monday, at 14:00 GMT the Institute of Supply Management will publish the Non-Manufacturing Purchasing Managers Index results.

On Tuesday, during the early GMT trading hours, the Australian Cash Rate will be published. Namely, the number will be out together with the RBA Rate Statement at 03:30 GMT.

Afterwards, at 12:30 GMT the Canadian Trade Balance data could cause a notable move on all Canadian Dollar pairs.

On Wednesday, note that some calendars show the FOMC Meeting Minutes at 18:00 GMT. This is a publication of the minutes without a rate statement. In the past, this event has not caused sharp moves, as the Meeting Minute impact comes on gradually while the markets read and analyze.

On Thursday, as always the US Unemployment Claims at 12:30 GMT might cause a minor move.

On Friday, at 06:00 GMT, GBP pairs could move on the publication of the UK GDP data.

The week will end with the release of the Canadian Employment Change and the Unemployment Rate 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.

Monday, 14:00 GMT
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Tuesday, 03:30 GMT
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Tuesday, 12:30 GMT
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Thursday, 12:30 GMT
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Friday, 06:00 GMT
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Friday, 12:30 GMT
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© Dukascopy Bank SA

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