The first week of the year is bound to have notable data releases. The top among them are the release of the US Federal Open Markets Committee Meeting Minutes and the US monthly employment data sets. On Tuesday, at 15:00 GMT, a minor move could be caused by the release of the US ISM Manufacturing PMI. On Wednesday, the mentioned
The week of Christmas is set to have an early market closing on Thursday in many countries and reduced liquidity due to people being on holidays. However, there are still four noteworthy data sets being released in the days before people are off from work. All of the data releases of the week are scheduled to occur on 13:30 GMT.
The British Pound depreciated against the US Dollar, following the BOE Monetary Policy Summary release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate lost 28 pips or 0.21% after the release. The Pound continued trading at the 1.3590 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the FOMC Statement release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 43 pips or 0.36% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the US Flash PMIs survey results release on Wednesday at 14:45 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.13% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
The Euro appreciated against the US Dollar, following the German Flash PMIs survey results release on Wednesday at 08:30 GMT. The EUR/USD exchange currency rate gained 40 pips or 0.33% after the release. The Euro continued trading at the 1.2200 level against the Greenback after the release.
Next week in itself is an anomaly, as there are more than twenty notable data sets to watch. In addition, most of them are expected to cause market moves. A big part of the mass is taken up by the Markit Services and Manufacturing PMIs. On Wednesday, the Purchasing Managers Indices will be released for European countries, the UK
The Euro appreciated against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 14:45 GMT. The EUR/USD exchange currency rate gained 29 pips or 0.24% after the release. The Euro continued trading at the 1.2110 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 15:00 GMT. The USD/CAD exchange currency rate lost 14 pips or 0.11% after the release. The Greenback continued trading at the 1.2810 level against the Loonie after the release.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 32 pips or 0.25% after the release. The Greenback continued trading at the 1.2810 level against the Loonie after the release.
The Euro traded sideways against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate lost 1 pips or 0.01% after the release. The Euro continued trading at the 1.2170 level against the Greenback after the release.
Notable events start on Wednesday at 03:00 GMT. At that time, the Bank of Canada will publish its Overnight Rate and Rate Statement. In the recent past the event has caused USD/CAD moves from 26.3 to 63.9 pips. On Thursday, at 12:45 GMT the ECB is set to publish its monetary policy statement. The ECB is bound to reveal their monetary
The week's notable events will start on Tuesday. At 03:30 GMT, the Australian central bank will release its interest rate. Namely, the Reserve Bank of Australia Cash Rate will impact all AUD pairs. On the same day, a CAD move might occur at 13:30 GMT, as the Canadian GDP is set to be published. Afterwards, at 15:00 GMT all of assets
The Euro depreciated against the US Dollar, following the US Flash PMIs survey results release on Monday at 14:45 GMT. The EUR/USD exchange currency rate lost 78 pips or 0.66% after the release. The Euro continued trading at the 1.1820 level against the Greenback after the release.
On Monday morning, Markit released its Purchasing Manager Indices for the Eurozone. As this morning the Euro surged against other currencies, it was assumed that the better than expected survey results caused a surge. However, an in-depth look revealed that it was not the case.
The top of the tops day will be Monday. On that day, ten data sets are scheduled to be released, which could cause notable moves on the currency exchange rate charts. During the morning hours, from 08:15 to 09:00 GMT, the European Markit Manufacturing and Services Purchasing Managers Indices are set to be released in pairs. All of these publications are
The Euro appreciated against the US Dollar, following the US Retail Sales data release on Tuesday at 13:30 GMT. The EUR/USD exchange currency rate gained 14 pips or 0.12% after the release. The Euro continued trading at the 1.1890 level against the Greenback after the release.
Notable data releases start on Tuesday. At 13:30 GMT, expect the US Retail Sales data sets to slightly increase USD volatility. On Wednesday, the UK and Canadian Consumer Price Indices could cause an increase of volatility. However, it is highly unlikely, as it has occurred quite rarely during the recent past. On Thursday, expect the usual US Unemployment Claims at 13:30 GMT.
The US Dollar depreciated against the Canadian Dollar, following the Canadian employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 19 pips or 0.15% after the release. The Greenback continued trading at the 1.3050 level against the Loonie after the release.
The Euro traded sideways against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate lost 7 pips or 0.06% after the release. The Euro continued trading at the 1.1890 level against the Greenback after the release.
The Euro appreciated against the US Dollar, following the FOMC Statement release on Thursday at 19:00 GMT. The EUR/USD exchange currency rate gained 27 pips or 0.23% after the release. The Euro continued trading at the 1.1830 level against the Greenback after the release.
During the week, the biggest event to watch will be the Reserve Bank of New Zealand rate announcement on Wednesday at 01:00 GMT. For the New Zealand Dollar traders it is the top event. On Thursday, at 07:00 GMT pay attention to the UK Preliminary GDP, which could cause a minor increase of volatility on the GBP pairs. On the same day,
The British Pound depreciated against the US Dollar, following the BOE Monetary Policy Report release on Thursday at 07:00 GMT. The GBP/USD exchange currency rate gained 80 pips or 0.62% after the release. The Pound continued trading at the 1.3060 level against the Greenback after the release.
The Australian Dollar depreciated against the US Dollar, following the RBA Rate Statement release on Tuesday at 03:30 GMT. The AUD/USD exchange currency rate lost 25 pips or 0.36% after the release. The Aussie continued trading at the 1.7120 level against the Greenback after the release.