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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 June 03, 2019

06/03/2019 -- 06/07/2019 News Moves Markets Forex
TimeCurEventActualForecastPrevious
Monday, May 27, 2019
10;00 USAISM Manufactruing PMI (May) 51.7
10;00 austraiaAUDRetail Sales (MoM) (Apr)0.2%0.3%
Tuesday,May 28, 2019
00:30 austraiaAUDRBA Interest Rate Decision (Jun)1.25% 1.50%
00:30 austraiaAUDRBA Rate Statement 0.3%0.2%
02:00 United_KingdomGreat-BritainGBPConstruction PMI (10.410,4
10:00 germanyEURCPI (YoY) (May)1.3%1.7%
09:45 USAFed Chair Powell SpeaksSpeech
21:30 austraiaAUDGDP (QoQ) (Q1)0.4%0.2%
Wednesday, May 29,, 2019
03:55 United_KingdomGreat-BritainGBPServices PMI (May)50.650.4
03:55 canadaCADADP Nonfarm Employment Change (May)183K275K
10:00 canadaCADISM Non-Manufacturing PM (May)
10:30 USACrude Oil Inventories -0.282M
Thursday, May 30,, 2019
07;45 germanyEURDeposit Facility Rate0.40%0.40%
07;45 germanyEURECB Marginal Lending Faciltiy0.25%0.25%
07;45 germanyEURECB Monetary Policy Statement
07;45 germanyEURECB Interest Rate Decision (Jun)0.00%0.00%
08:30 germanyEURECB Press ConferenceSpeech
10:00 canadaCADIvey PM (May)50.1%50.9%
Friday, June 01, 2019
08:30 USANonfarm Payrolls (May) 185K`263K
08:30 USA Unemployment Change (May) 3.6% 3.6%
08:30 canadaCAD Unemployment Change (May)8.0K106.5K
High Volatility Expected