16.12-20.12 Event Historical Reactions

Source: Dukascopy Bank SA
The week before Christmas will be a busy one for macroeconomic data and monetary policy announcement traders. In general, most of the events are of medium importance and could create slippages of around 10-20 pips.

In the meantime, the top event of the week will be the Bank of England Official Bank Rate announcement. On Thursday, 12:00 GMT, the central bank will reveal its future policy in the aftermath of the UK General Elections.

Meanwhile, if one wants to trade a fundamental move, research the Canadian CPI release, which is scheduled for Wednesday 13:30 GMT, and the Canadian Core Retail Sales on Friday, at the same time.

In addition, as usual we have included the data for the weekly US Crude Oil Inventories publication, which causes notable adjustments in crude oil prices.

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. The exception are the Light and Brent oil price indices, which are measured in USD.

Monday 08:30 GMT
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© Dukascopy Bank SA

Monday 09:00 GMT
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© Dukascopy Bank SA

Tuesday 09:30 GMT
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Wednesday 09:30 GMT
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Wednesday 13:30 GMT
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Wednesday 15:30 GMT
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Thursday 09:30 GMT
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Thursday 12:00 GMT
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© Dukascopy Bank SA

Friday 09:30 GMT
© Dukascopy Bank SA

Friday 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

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