On Wednesday, the top mover of all events, the Bank of Canada Rate Statement is set to to occur on Wednesday at 14:00 GMT. Last time, the USD/CAD moved 104.7 pips on the announcement.
Later on during the same day, at 14:30 GMT, expect the weekly US Energy Information Administration Crude Oil Inventories that are expected to impact crude oil prices.
On Thursday, the ECB Main Refinancing Rate and Monetary Policy Statement are set to be published. However, take into account that the initial reaction is usually muted to the Euro's central bank. Most volatility occurs during the ECB Press Conference's question part. The statement release is set for 11:45 GMT, and the Press Conference starts at 12:30 GMT.
Just as the ECB Press Conference starts, the US Consumer Price Index, US Core Consumer Price Index and the US Unemployment Claims are set to be released exactly at 12:30 GMT. Most likely, all USD asset and pair moves from 12:30 to 12:35 could be attributed to these data sets.
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, 14:00 GMT
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Wednesday, 14:30 GMT
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Thursday, 11:45 GMT
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Thursday, 12:30 GMT
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