17.01.-21.01. UK and Canadian Inflation Data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The week's notable scheduled events are set to start on Wednesday at 07:00 GMT. At that time, the UK Consumer Price Index could cause moves on GBP charts.

Later on, at 13:30 GMT, the Canadian Consumer Price Index is set to be published.

On Thursday, the US weekly Unemployment Claims at 13:30 GMT could cause a minor USD move. Afterwards, at 16:00 GMT, the US Energy Information Administration weekly US Crude Oil Inventories are set to impact crude oil prices.

On Friday, the UK and Canada will publish monthly Retail Sales data. The British data will be out at 07:00 GMT, and the Canadian data is set to be published at 13:30 GMT.

The moves on the tables are measured in pips by measuring five minutes before and after a data release. The exception are the crude oil prices, which are shown in US Dollar cents.

Wednesday, 07:00 GMT
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Wednesday, 13:30 GMT
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Thursday, 13:30 GMT
© Dukascopy Bank SA

Thursday, 16:00 GMT
© Dukascopy Bank SA

Friday, 07:00 GMT
© Dukascopy Bank SA

Friday, 13:30 GMT
© Dukascopy Bank SA

© Dukascopy Bank SA

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Actual Topics

Wed, 26 Jan 2022 15:28:58 GMT

Bank of Canada beats down CAD

On January 26, the Bank of Canada made a Rate Statement. In general, the bank kept its Overnight Rate at 0.25% and is set to keep its investments in government bonds constant. However, the markets could have reacted to the news that the bank would remove its exceptional forward guidance on its policy interest rate. Quoting the statement:

Wed, 12 Jan 2022 13:42:54 GMT

USD drops due to CPI data

On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price index data was released. The USD reacted by declining. For example, the EUR/USD rate jumped 40 base points in the ten minutes following the release. The data beat the forecasts, as the US CPI came in at 0.5% instead of the forecast 0.4%. Meanwhile, the

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