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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 2016..turn over in global Fx markets average 5.4 trillion dollars .  The U.S. Dollar (USD) remains the most trade currency in the Forex global market place with 86.6% of daily trades bought or sold under this 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 Economic Event Recap

03/04/2019 -- 03/08/2019 News Moves Markets Forex
TimeCurEventActualForecastPrevious
Monday, March 04, 2019
04:30 United_KingdomGreat-BritainGBPConstruction PMI (Feb)50.350.6
22:30 austraiaAUDRBA Interest Rate Decision (Mar) 1.50%1.50%
22:30 austraiaAUDRBA Interest Rate StatementSpeech0.3%0.6%
Tuesday, March 05, 2019
04:30 United_KingdomGreat-BritainGBPService PMI (Feb) 49.1 50.1
10:00 USAISM Manufacturing Business Activity (Feb)
57.2`56.7
10:00 USANew Home Sales (Dec)-9.1%`16.9%
10:00 canadaCADIvey PMI (Feb) 54.7
19:30 United_KingdomGreat-BritainGBPGDP (QoQ) (Q4)0.4%0.3%
Wednesday, March 06, 2019
08:15 USAADP Nonfarm Employment Change (Feb) 190K213K
10:00T canadaCADBOC Interest Rate Decision1.75%1.75%
08:30 USACrude Oil Inventories 2.842M-8.647M
19:30 austraiaAUDRetail Sales (MoM) (Jan)0.3%-0.4%
Thursday, March 07, 2019
07:45 European UnionEURDeposit Facility Rate-0.4%-0.4%
07:45 European UnionEURECB Marginal Lending Facility 0.25% 0.25%
07:45 European UnionEURECB Interest Rate Decision0.0% 0.0%
08:30 European UnionEURECB Press ConferenceSpeech
18:50 JapanJPYGDP (QoQ) (Q4)-0.5%0.3%
Friday, March 08, 2019
08:30 USABuilding Permits( Jan)1.285M
08:30 USANonfarm Payrolls (Feb)180K304K
08:30 USAUnemployment Rate (Feb)3.9%4.0%
08:30 canadaJPYEmployment Change (Feb)-5.0K66.8K
High Volatility Expected