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The Weekly High Impact Forex Economic Events Recap can prepare Investors in advance of specific major impactful economic news releases schedule for the week ahead.

News does Moves Markets Forex and it is highly important that Traders  stay abreast of all the up an coming High impact Forex economic news releases. This can be a very useful tool if properly employed in ones trade plan.  “Remember the wise Trader plans, prepares, exercises prudent risk management, stays one step ahead of the game and knows when to enter and exit the market at the most opportune time.”

According to a Triennial Central Bank Survey Foreign exchange conducted in 2019..turn over in global Fx markets average 6.6 trillion dollars.  The U.S. Dollar (USD) remains the most trade currency in the Forex global market place with 88% of daily trades bought or sold under this survey.  According to a 2016 TCB  Survey the second most traded currency is the Euro (EUR) carrying 36% of trading bought or sold.  The third most traded currency is the Japanese yen (JPY) holding down 21.6% of daily trades bought or sold. The fourth most traded currency within the Forex market is the Pound sterling (GBP) which has 12.8% of daily trades bought or sold.  The fifth most traded currency is the Australian dollar (AUD) which represents 6.9% of daily trades bought or sold.  

 

FOREX Weekly High Economic Events Recap December 6, 2020

12/06/2020 12/11/2020 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Sunday, December 06, 2020
05:00 European UnionEURECB President Lagarde Speaks
Monday December 07 2020
10:00 canadaCADIvey PMI (Nov) 51.5 54.5
10:00 JapanJPYGDP (QoQ) (Q3) 5.0%-7.9%
Tuesday December 08, 2020
05:00 germanyEURGerman ZEW Economic Sentiment (Dec) /a> 46.939.9
07:00 USAEIA Short-Term Energy Outlook
Wednesday, December 09, 2020
1000 USAJOLTs Job Openings (Oct) 6.436M
10:00 canadaCADBOC Interest Rate Decision 0.25%0.25%
10:00 USA Crude Oil Inventories -2.358M-0,679M
Thursday, December 10, 2020
02:00 United_KingdomGreat-BritainGBPGDP (MoM) 1.1%
02:30 United_KingdomGreat-BritainGBPManufacturing Production (MoM) (Oct) 0.2%0.2%
08:30 United_KingdomGreat-BritainGBPMonthly GDP 3M/3M Change 15.5%
07:45 European UnionEURDeposit Facility Rate (Dec) -0.50%-0.50%
07:45 European UnionEURECB Marginal Lending Facility0.25%
07:45 European UnionEUR ECB Monetary Policy Statement
07:45 European UnionEURECB Interest Rate Decision (Dec)0.00%
08:30 USACore CPI (MoM) (Nov)0.1%0.2%
08:30 USAInitial Jobless Claims725K712K
08:30 European UnionEURECB Press ConferenceSpeech
Friday, December 11, 2020
08:30 USA Producer Price Index (MoM) (Nov)0.2%0.3%
HighVolatility Expected

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