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 May 19, 2019
| 05/19/2019 | -- | 05/24/2019 |  | ||
|---|---|---|---|---|---|
| Time | Cur | Event | Actual | Forecast | Previous |
| Sunday, May 19, 2019 | |||||
19:50  |  JPY | GDP (QoQ) (Q1) | -0.1% | 0,5% | |
| Monday, May 20, 2019 | |||||
| 02:00 |  EUR | German PPI (MoM) )(Apr) | 0.3% | -0.1% | |
| 04:30 |  EUR | ECB's Praet Speaks | |||
| 09:30 |  USA | FOMC Member Harker Speaks | |||
| 12:30 |  GBP | BoE Counl Member Broadbent Speaks | |||
| 19:00 | USA | Fed Chair Powell Speaks | |||
| 21:30 |  AUD | RBA Meeting Minutes | 1.9% | ||
| Tuesday,May 21, 2019 | |||||
| 04:30 | GBP | BoE Gov Carney Speaks | |||
| Tentative | GBP | Inflation Report Hearings | |||
| 10:00 | USA | Existing Home Sales (Apr) | 5.33M | 5.21M | |
| 10:30 |  NZD | Global Dairy Trade Price Index | 0.4% | ||
| 21:30 | AUD | Construction Work Done (QoQ) (Q1) | 0.1% | -31% | |
| 22:15 | AUD | RBA Governor Lowe Speaks | |||
| Wednesday, May 22,, 2019 | |||||
| 02:00 | EUR | ECB President Draghi Speaks | |||
| 08:30 | GBP | CPI (YoY) (Aor) | 2.2% | 1.9% | |
| 05:00 |  CAD | Core Retail Sales (MoM) Mar) | 0.8% | 0.6% | |
| 10:10 | USA | Crude Oil Inventories | -0.800M | 5,431M | |
| 14:00 | USA | FOMC Meeting Minutes | |||
| Thursday, May 23,, 2019 | |||||
| 02;00 | EUR | German GDP (QoQ) (Q1) | 0.4% | 0.4% | |
| 08;30 | EUR | German Manufacturing PMI (May) | 44.8 | 44.4 |
|
| 04;00 | EUR | German Ifo Business Climate Index | 99.2 | 99.2 | |
| 04;30 | GBP | Retail Sales (MoM) (Apr) | 1.1% | ||
| 07;30 | EUR | ECB Publishes Account of Monetary Policy Meeting | |||
| 10:00 | USA | New Home Sales (Apr) | 680K | 692K | |
| Friday, May 24,, 2019 | |||||
| 04:30 | EUR | Retail Sales (MoM) (Apr) | -0.4% | 1.1% | |
| 08:30 | USA | Core Durable Goods Orders (MoM) (Apr) | 0.2% | 0.2% | |
| High | Volatility Expected | |
