On the same day, the US Energy Information Administration would publish its weekly Crude Oil Inventories at 14:30 GMT.
At 12:30 GMT on Thursday, the US Preliminary GDP is set to be published. This event has caused EUR/USD moves from 6.3 to 15.1 pips. Note that in most cases the rate has moved below ten pips, which is in the range of normal volatility. Namely, the event has not caused actual moves.
Also on Thursday, the weekly US Unemployment Claims are set to be published at 12:30 GMT. Our analysts have been ignoring this event since February, as it did not have an impact on the USD. This week, another check of the data was done.
The event supposedly caused a notable move on May 13, when the EUR/USD moved 19.4 pips in the span of ten minutes. However, that was due to three data sets being released at the same time. Namely, the US PPI and Core PPI showed better than expected results and combined with the Unemployment Claims caused an increase of volatility.
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.
Wednesday, 02:00 GMT
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Wednesday, 14:30 GMT
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Thursday, 12:30 GMT
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© Dukascopy Bank SA