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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 May 27, 2019

05/26/2019 -- 06/01/2019 News Moves Markets Forex
TimeCurEventActualForecastPrevious
Sunday, May 26, 2019
23:00 JapanJPY BoJ Governor Kuroda SpeaksSpeech
Monday, May 27, 2019
04:40 European UnionEURECB's Coeure SpeaksSpeech
Tuesday,May 28, 2019
01:45 SwitzerlandCHFGDP (YoY) (Q1)1.0% 1.4.%
01:45 SwitzerlandCHFGDP (QoQ) (Q1) 0.3%0.2%
02:00 germanyEURGIK German Consumer Climate (Jun)10.410,4
10:00 USACB Consumer Confidence (May)130.1129.2
17:00 New ZealandNZDRBNZ Financial Stability Report
19:00 New ZealandNZDRBNZ Gov Orr SpeaksSpeech
21:30 New ZealandNZDAnnual Budget Release
Wednesday, May 29,, 2019
03:55 germanyEURGerman Unemployment Change (May)-8K -12K
03:55 germanyEURGerman Unemployment rate (May)4.9% 4.9%
10:00 canadaCADBOC Rate Statement
10:00 canadaCADBOC Interest Rate Decision1.75%1.75%
14:00 USA Annual Budget Release
Thursday, May 30,, 2019
08;30 USA GDP (QoQ) (Q1)3.1%3.2%
08;30 canadaCADCurrent Account (Q1)-13.5B-15.5B
10;00 USAPending Home Sales (MoM) (Apr)0.9%3.8%
11:00 USACrude Oil Inventories4.740M
14:15 canadaCADBoC Gov Council Member Wilkins SpeaksSpeech
21:00 ChinaCNYManufacturing PMI (May)49.9%50.1%
Friday, June 01, 2019
04:30 canadaCADGDP (MoM) (Mar)0.2%-0.1%
12:00 USAFOMC Member WIlliams SpeaksSpeech
High Volatility Expected