13.04-17.04 Event Historical Reactions

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Next week, data is bound to reveal, how has the coronavirus continued to impact the US economy. In addition, the Reserve Bank of Canada is expected to make a rate announcement and host a press conference.

On Wednesday, the US Retail Sales data sets are bound to be published at 12:30 GMT. Most likely they will surprise the markets with the reveal of a drop in US consumption. On the same day, at 14:00 GMT the Canadian announcement is scheduled to occur.

On Thursday, all attention is expected to be set on the weekly US Unemployment Claims. During the last weeks this previously ignored announcement has been revealing shocking data, as during the two week period almost ten million US workers claimed unemployment benefits. The unemployment claims were previously ignored as they had stopped causing market reactions.

The reactions on the tables are measured in pips by comparing the difference in the exchange rate five minutes before the event and five minutes after the event.

Wednesday, 12:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

Wednesday, 14:00 GMT
© Dukascopy Bank SA

Thursday, 12:30 GMT
© Dukascopy Bank SA

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