The Euro traded sideways against the US Dollar, following the German Flash Manufacturing and Services PMIs survey results release on Thursday at 07:30 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.03% after the release. The Euro continued trading at the 1.7950 level against the Greenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian CPI data release on Wednesday at 12:30 GMT. The USD/CAD exchange currency rate gained 6 pips or 0.04% after the release. The Greenback continued trading at the 1.4150 level against the Canadian Dollar after the release.
The British Pound traded sideways against the US Dollar, following the UK CPI data release on Wednesday at 06:00 GMT. The GBP/USD exchange currency rate lost 7 pips or 0.06% after the release. The Pound continued trading at the 1.2320 level against the Greenback after the release.
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 0 pips or 0.00% after the release. The Greenback continued trading at the 1.4220 level against the Canadian Dollar after the release.
Next week, is bound to be very busy. There are many data sets, which were previously ignored that in March started to be used by analysts and traders to assess the impact of the coronavirus. Namely, in March they caused large market reactions. Traders can look at the March currency exchange rate adjustments for guidance what to expect throughout this week.
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 5 pips or 0.04% after the release. The Euro continued trading at the 1.0890 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. There was a boost of volatility of 47 pips on the 5M time-frame chart. The USD/CAD exchange currency rate gained 5 pips or 0.04% after the release. The Greenback continued trading at the 1.4100 level against the Canadian Dollar
The Euro depreciated against the US Dollar, following the US Retail Sales data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 15 pips or 0.13% after the release. The Euro continued trading at the 1.0880 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the US CPI 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 1.0930 level against the Greenback after the release.
The Euro appreciated 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 gained 11 pips or 0.10% after the release. The Euro continued trading at the 1.0910 level against the Greenback after the release.
The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Thursday at 12:30 GMT. The USD/CAD exchange currency rate lost 55 pips or 0.39% after the release. The Greenback continued trading at the 1.4040 level against the Canadian Dollar after the release.
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
The Euro traded sideways against the US Dollar, following the US Non-Manufacturing PMI survey results release on Friday at 14:00 GMT. The EUR/USD exchange currency rate gained 7 pips or 0.06% after the release. The Euro continued trading at the 1.0790 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 28 pips or 0.26% after the release. The Euro continued trading at the 1.0790 level against the Greenback after the release.
The Euro depreciated against the US Dollar, following the US Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 18 pips or 0.16% after the release. The Euro continued trading at the 1.0850 level against the Greenback after the release.
As it occurred during the last week, due to the fundamental changes in the markets, Dukascopy Analytics suggest to note the scheduled macroeconomic events, but avoid using historical data for guidance. Namely, the whole world changes the money supply by announcing monetary stimulus and government expense increases. In other words, the central banks are creating more money and giving it
The Euro traded sideways against the US Dollar, following the US ISM Manufacturing PMI survey results release on Wednesday at 14:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% after the release. The Euro continued trading at the 1.0930 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 gained 3 pips or 0.03% after the release. The Euro continued trading at the 1.0930 level against the Greenback after the release.
On Thursday, the weekly US unemployment claims revealed that almost 3.3 million people are out of work. It indicates that massive lay offs are occurring. Namely, the coronavirus has hit the economy hard. Due to that reason the macroeconomic data release historical data can not be used to forecast this weeks moves. However, take a look at the list of
The Euro depreciated against the US Dollar, following the US Unemployment Claims data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 19 pips or 0.18% after the release. The Euro continued trading at the 1.0950 level against the Greenback after the release.
The British Pound depreciated against the US Dollar, following the UK Monetary Policy Statement release on Thursday at 12:00 GMT. The GBP/USD exchange currency rate lost 19 pips or 0.16% after the release. The Pound continued trading at the 1.1960 level against the Greenback after the release.
The Euro traded sideways against the US Dollar, following the German Flash Manufacturing and Services PMIs survey results release on Tuesday at 08:30 GMT. The EUR/USD exchange currency rate lost 7 pips or 0.06% after the release. The Euro continued trading at the 1.0830 level against the Greenback after the release.
The US Dollar traded sideways against the Canadian Dollar, following the Canadian Retail Sales release on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 9 pips or 0.06% after the release. The Greenback continued trading at the 1.4280 level against the Canadian Dollar after the release.
The British Pound traded sideways against the US Dollar, following the BoE Monetary policy Summary release on Thursday at 12:30 GMT. The GBP/USD exchange currency rate gained 6 pips or 0.05% after the release. The Pound continued trading at the 1.1720 level against the Greenback after the release.