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.
The British Pound traded sideways against the US Dollar, following the UK GDP and Manufacturing Production data release on Friday at 06:00 GMT. The GBP/USD exchange currency rate gained 2 pips or 0.02% after the release. The Pound continued trading at the 1.2640 level against the Greenback after the release.
The most notable factor to note this week is that our analysts spotted that the UK Average Earnings Index has resumed to make a notable impact on the GBP pairs. It is set to be released on Tuesday morning. Meanwhile, another notable event is the Bank of England Official Bank Rate publication on Thursday. The reactions on the tables are measured in
The Euro traded sideways against the US Dollar, following the US PPI and Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 6 pips or 0.06% after the release. The Euro continued trading at the 1.1380 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the FOMC Statement release on Wednesday at 18:00 GMT. The EUR/USD exchange currency rate gained 8 pips or 0.07% after the release. The Euro continued trading at the 1.1380 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US CPI release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 6 pips or 0.05% after the release. The Euro continued trading at the 1.1370 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the US Employment data set release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 34 pips or 0.30% after the release. The Euro continued trading at the 1.1300 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 12:30 GMT. The USD/CAD exchange currency rate lost 25 pips or 0.18% after the release. The Greenback continued trading at the 1.3450 level against the US Dollar after the release.
During the week, the action on the economic calendars will start and most likely end on Wednesday. At 18:00 GMT the US Federal Reserve is scheduled to make a rate announcement and FOMC Statement. Prior to that, a minor reaction could be caused by the US CPI at 12:30 GMT. In addition, economic calendars show the US PPI and Unemployment Claims
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 38 pips or 0.34% 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 ISM Non-Manufacturing PMI survey results release on Wednesday at 14:00 GMT. The EUR/USD exchange currency rate gained 9 pips or 0.08% after the release. The Euro continued trading at the 1.1230 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate lost 32 pips or 0.24% after the release. The Greenback continued trading at the 1.3500 level against the Canadian Dollar 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 gained 0 pips or 0.00% after the release. The Euro continued trading at the 1.1195 level against the Greenback after the release.
The Australian Dollar traded sideways against the US Dollar, following the RBA Rate Statement survey results release on Tuesday at 04:30 GMT. The AUD/USD exchange currency rate gained 6 pips or 0.08% after the release. The Aussie continued trading at the 0.6800 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US ISM Manufacturing PMI survey results release on Monday at 14:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.04% after the release. The Euro continued trading at the 1.1125 level against the Greenback after the release.
The US Dollar appreciated against the Canadian Dollar, following the Canadian GDP data release on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 20 pips or 0.14% after the release. The Greenback continued trading at the 1.3760 level against the Canadian Dollar after the release.
Traditionally, the first week of the month is busy on the economic calendar. On Monday, June 1, the Institute for Supply Management will release the US ISM Manufacturing PMI survey results at 14:00 GMT. On Tuesday, June 2, the Reserve Bank of Australia is set to publish its Rate Statement, as well reveal the Cash Rate at 5:30 GMT. On Wednesday, June 3,
The Euro traded sideways against the US Dollar, following the US GDP and Durable Goods Orders data releases on Thursday at 12:30 GMT. The EUR/USD exchange currency rate gained 4 pips or 0.04% after the release. The Euro continued trading at the 1.1020 level against the Greenback after the release.
The Canadian Dollar traded sideways against the US Dollar, following the Canadian Retail Sales data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate gained 6 pips or 0.04% after the release. The Canadian Dollar continued trading at the 1.4015 level against the Greenback after the release.
The British Pound traded sideways against the US Dollar, following the UK Retail Sales data release on Friday at 06:00 GMT. The GBP/USD exchange currency rate lost 3 pips or 0.03% after the release. The Pound continued trading at the 1.2180 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US Flash Manufacturing PMI survey results release on Thursday at 13:45 GMT. The EUR/USD exchange currency rate gained 2 pips or 0.02% after the release. The Euro continued trading at the 1.0990 level against the Greenback after the release.
There are two notable times to watch the economic calendars during the week. First one is set to be 12:30 on Thursday. At that time, a group of various US data sets will be published. Each one of these data sets on their own can cause a move of about ten pips. Combined, the move could total to up to 30