18.04.-22.04. European PMIs and Canadian Consumption

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Wednesday, the Canadian Consumer Price Index data is set to impact the value of the Canadian Dollar by revealing the changes in local prices in Canada.

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

On Friday, at 06:00 GMT the value of the GBP could adjust to the UK Retail Sales data release. Later on, at 07:30 GMT, the German Flash Manufacturing and Services PMIs are most likely going to cause Euro moves.

Afterwards, at 12:30 GMT, the Canadian Retail Sales and Core Retail Sales are likely going to impact the Canadian Dollar.

The moves on the tables are measured in pips by measuring five minutes before and after a data release.

Wednesday, 12:30 GMT
© Dukascopy Bank SA

Thursday, 12:30 GMT
© Dukascopy Bank SA

Friday, 06:00 GMT
© Dukascopy Bank SA

Friday, 07:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Friday, 12:30 GMT
© Dukascopy Bank SA

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Actual Topics

Wed, 20 Apr 2022 13:17:14 GMT

Canadian CPI causes volatility

At 12:30 GMT on Wednesday, the Canadian Consumer Price Index data revealed that monthly inflation in Canada had increased by 1.4%, compared to the market forecast of 0.9%. The news signaled that the local demand for the Canadian currency is higher. Moreover, the Bank of Canada could tighten the supply of the Canadian currency event further in an effort

Thu, 14 Apr 2022 12:26:59 GMT

ECB continues to depreciate the EUR

On April 14, the European Central Bank kept its base rates in the negative zone and revealed that it would end asset purchases only in the third quarter of 2022. The news indicate that the rampant inflation in the European Union is set to continue, and the value of the Euro is going to decline. Quoting the statement: "Inflation has increased significantly

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