15.11.-19.11. Inflation and Retail Sales data week

Source: Dukascopy Bank SA
The week prior, the US inflation data was released, which is the first one in a series of global consumption data sets. This week, the UK and Canadian consumer price indices will be published. Moreover, the US, UK and Canadian Retail Sales data will be published. All of the events have caused from minor to high impact on the underlying currencies.

On Tuesday, at 13:30 GMT, the US Retail Sales and US Core Retail Sales are bound to impact the value of the US Dollar.

On Wednesday, at 07:00 GMT, the UK Consumer Price Index will be published. Expect all GBP pairs to react to this event. Later on, at 13:30 GMT, the Canadian CPI will be published and move all Canadian Dollar pairs.

On the same day, the weekly US Energy Information Administration Crude Oil Inventories numbers will impact crude oil prices.

On Thursday, note that a minor USD move could be caused by the weekly US Unemployment Claims.

On Friday, at 07:00 GMT, the UK Retail Sales data will be published. Afterwards, at 13:30 GMT, the Canadian Retail Sales are set to impact the Canadian Dollar.

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

Tuesday, 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 07:00 GMT
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Wednesday, 13:30 GMT
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Wednesday, 15:30 GMT
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Thursday, 13:30 GMT
© Dukascopy Bank SA

Friday, 07:00 GMT
© Dukascopy Bank SA

Friday, 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

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Actual Topics

Wed, 17 Nov 2021 13:50:01 GMT

Canadian Dollar drops on inflation data

On Wednesday, at 13:30 GMT, the Canadian Consumer Price Index data release hit the market forecast at 0.7% growth. The announcements caused a drop of the value of the Canadian Dollar. The USD/CAD currency exchange rate reacted to the release with a surge of 46 base points.

Wed, 10 Nov 2021 15:17:57 GMT

US inflation data causes USD volatility

At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a short lived USD surge. For example, the EUR/USD currency exchange rate dipped 24 base points or 0.21%. However, the pair returned to previous levels after just 15 minutes. The data caused the drop due to the US Consumer Price

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