Next week, notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on Wednesday, at 18:00 GMT. On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Last but not least,
The US Dollar traded sideways against the Canadian Dollar, following the Canadian Retail Sales data release on Tuesday at 12:30 GMT. The USD/CAD exchange currency rate lost 1 pips or 0.00% after the release. The Greenback continued trading at the 1.3460 level against the Loonie after the release.
The last week of July is expected to be relatively calm. Data releases are scheduled to start on Tuesday with the Canadian Retail Sales at 12:30 GMT. However, note that the given release has not caused significant moves. On Wednesday, it is possible that the Canadian CPI could cause a minor increase of volatility at 12:30 GMT. On Thursday, the US
The Euro traded sideways against the US Dollar, following the US Retail Sales data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 3 pips or 0.02% after the release. The Euro continued trading at the 1.1420 level against the Greenback after the release.
The Euro appreciated against the US Dollar, following the ECB Monetary Policy Statement release on Thursday at 11:45 GMT. The EUR/USD exchange currency rate gained 12 pips or 0.11% after the release. The Euro continued trading at the 1.1410 level against the Greenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the BOC Monetary Policy Report release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate gained 6 pips or 0.05% after the release. The Greenback continued trading at the 1.3575 level against the Loonie after the release.
The Euro traded sideways against the US Dollar, following the US CPI data release on Monday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pip or 0.01% after the release. The Euro continued trading at the 1.1370 level against the Greenback after the release.
The British Pound traded sideways against the US Dollar, following the UK GDP data release on Tuesday at 06:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% after the release. The Pound continued trading at the 1.2520 level against the Greenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian Employment data set release on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 4 pips or 0.03% after the release. The Greenback continued trading at the 1.1585 level against the Loonie after the release.
The Euro traded sideways against the US Dollar, following the US PPI data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.02% after the release. The Euro continued trading at the 1.1305 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% after the release. The Euro continued trading at the 1.1330 level against the Greenback after the release.
The Australian Dollar traded sideways against the US Dollar, following the RBA Rate Statement release on Tuesday at 04:30 GMT. The AUD/USD exchange currency rate gained 5 pips or 0.07% after the release. The Aussie continued trading at the 0.6930 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US ISM Non-Manufacturing PMI survey results release on Monday at 14:00 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.07% after the release. The Euro continued trading at the 1.1315 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US ADP Employment data set release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% after the release. The Euro continued trading at the 1.1260 level against the Greenback after the release.
During the week, notable macroeconomic data releases are set to start on Monday at 14:00 GMT. The US ISM Non-Manufacturing PMI is scheduled to be released. In June, it caused a 26.5 pip move on the EUR/USD. Australian Dollar traders have to watch out on Tuesday, as at 4:30 GMT the Reserve Bank of Australia is set to make a rate
The Euro appreciated against the US Dollar, following the US ISM Manufacturing PMI survey results data release on Wednesday at 14:00 GMT. The EUR/USD exchange currency rate gained 11 pips or 0.10% after the release. The Euro continued trading at the 1.1260 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US ADP Non-Farm Employment Change data release on Wednesday at 12:15 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% after the release. The Euro continued trading at the 1.1210 level against the Greenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian GDP data release on Tuesday at 12:30 GMT. The USD/CAD exchange currency rate gained 2 pips or 0.01% after the release. The Greenback continued trading at the 1.3690 level against the Canadian Dollar after the release.
The main scheduled macroeconomic data release of the week is bound to occur on Thursday, at 12:30 GMT. At that time the US employment data sets are scheduled to be published. In the meantime, take into account that already on Tuesday, at 12:30 GMT, traders could catch an exchange rate adjustment that would be caused by the Canadian GDP release. Note
The Euro traded sideways against the US Dollar, following the US Durable Goods Orders data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pip or 0.01% after the release. The Euro continued trading at the 1.1210 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Retail Sales data release on Friday at 12:30 GMT. The USD/CAD exchange currency rate lost 10 pips or 0.08% after the release. The Greenback continued trading at the 1.3560 level against the Greenback after the release.
During the week, the action on the economic calendars will start on Tuesday. At 7:15 GMT, Markit is set to release the German Flash Manufacturing and Services PMIs survey results. Later this day, the UK Flash Manufacturing and Services PMIs survey results will be published at 8:30 GMT. Meanwhile, the US Flash Manufacturing PMI survey results will be released at 13:45 GMT. On
The British Pound appreciated against the US Dollar, following the BOE Monetary Policy Summary release on Thursday at 11:00 GMT. The GBP/USD exchange currency rate gained 44 pip or 0.36% after the release. The Pound continued trading at the 1.2460 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US Retail Sales data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pip or 0.00% after the release. The Euro continued trading at the 1.1310 level against the Greenback after the release.