The US Dollar appreciated against the Canadian Dollar, following the Canadian GDP release on Monday at 13:30 GMT. The USD/CAD exchange currency rate gained 13 pips or 0.09% right after the release. The Greenback continued trading at the 1.169 level against the Canadian Dollar.
During the week of Christmas, there are two times and four data sets to watch. On Monday, at 13:30 GMT the Canadian GDP could cause a notable move. In the meantime, the US Durable Goods Orders and Core Durable Goods orders are scheduled to be released. Minor moves on the USD pairs could occur. On Friday, just after Christmas, the US
The British Pound appreciated against the US Dollar, following the UK Monetary Policy Summary release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate gained 37 pips or 0.29% right after the release. The Pound continued trading at the 1.3100 level against the Greenback.
The British Pound depreciated against the US Dollar, following the UK Retail Sales release on Thursday at 09:30 GMT. The GBP/USD exchange currency rate lost 13 pips or 0.10% right after the release. The Pound continued trading at the 1.3090 level against the Greenback.
The British Pound depreciated against the US Dollar, following the UK Flash Manufacturing and Services PMI survey results release on Monday at 09:30 GMT. The GBP/USD exchange currency rate lost 14 pips or 0.11% right after the release. The Pound continued trading at the 1.3340 level against the Greenback.
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
The European Common Currency traded sideways against the US Dollar, following the EU Monetary Policy Statement release on Thursday at 12:45 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.02% right after the release. The Euro continued trading at the 1.1135 level against the Greenback.
The European Common Currency traded sideways against the US Dollar, following the FOMC Statement release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 11 pips or 0.10% right after the release. The Euro continued trading at the 1.1115 level against the Greenback.
The US Dollar appreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 13:30 GMT. The USD/CAD exchange currency rate gained 61 pips or 0.46% right after the release. The Greenback continued trading at the 1.3250 level against the Canadian Dollar.
The European Common Currency depreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate lost 30 pips or 0.27% right after the release. The Euro continued trading at the 1.1075 level against the Greenback.
Next week, main attention will be paid to the rate announcements of the US Federal Reserve and the European Central Banks. Although, both banks are expected to keep their rates unchanged. During an announcement of no changes, the financial markets still react to the announcement. For example, the EUR/USD can adjust up to 20 pips. Take into account that the first
The European Common Currency appreciated against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Wednesday at 15:00 GMT. The EUR/USD exchange currency rate gained 16 pips or 0.14% right after the release. The Euro continued trading at the 1.1090 level against the Greenback.
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 40 pips or 0.30% right after the release. The Greenback continued trading at the 1.3235 level against the Canadian Dollar.
The European Common Currency traded sideways against the US Dollar, following the US ADP Non-Farm Employment Change data release on Wednesday at 13:15 GMT. The EUR/USD exchange currency rate gained 10 pips or 0.09% right after the release. The Euro continued trading at the 1.1095 level against the Greenback.
The European Common Currency appreciated against the US Dollar, following US ISM Manufacturing PMI survey data release on Monday at 15:00 GMT. The EUR/USD exchange currency rate gained 18 pips or 0.16% right after the release. The Euro continued trading at the 1.1065 level against the Greenback.
The US Dollar depreciated against the Canadian Dollar, following Canadian GDP data release on Friday at 13:30 GMT. The USD/CAD exchange currency rate lost 17 pips or 0.13% right after the release. The Greenback continued trading at the 1.3310 level against the Canadian Dollar.
The first week of the month is full of data releases that on some Economic Calendar are shown as high impact and could be watched by financial media. However, only a couple of them is actually bound to cause a market reaction. On Monday, the US ISM Manufacturing PMI could cause a move. For example, since July it has caused moves
The European Common Currency traded sideways against the US Dollar, following the ECB Monetary Policy Meeting Accounts data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pips or 0.01% right after the release. The Euro continued trading at the 1.1084 level against the Greenback.
This week, there are only two days, on which the Economic Calendars are worth looking at. Those days are Wednesday and Friday. On Wednesday, some impact on the USD pairs might be created by the US Durable Goods Orders and US Preliminary GDP. The GDP is the second of the three GDP data sets being released quarterly. It is not causing
The European Common Currency traded sideways against the US Dollar, following FOMC Meeting Minutes data release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.02% right after the release. The Euro continued trading at the 1.1067 level against the Greenback.
This week, high impact is expected from the Canadian CPI and Retail sales data releases. News event traders most likely will concentrate on these events. Also this week, the Euro could move, as the only data release, which manages to push it notably, is occurring this week. The German Manufacturing and Services PMIs are set to be published on Friday. In the
The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Wednesday at 13:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1007 level against the Greenback.
The British Pound traded sideways against the US Dollar, following the UK CPI data release on Wednesday at 09:30 GMT. The GBP/USD exchange currency rate lost 7 pips or 0.05% right after the release. The British Pound continued trading at the 1.2850 level against the Greenback.
The British Pound depreciated against the US Dollar, following the UK GDP data release on Monday at 09:30 GMT. The GBP/USD exchange currency rate lost 14 pips or 0.11% right after the release. The British Pound continued trading at the 1.2803 level against the Greenback.