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The Forex Weekly High Impact Forex Economic Events Recap may prepare Traders 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 Economic Events Recap August 30, 2022

08/09/2022 09/02/2022 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActual ForcastPrevious
Tuesday August 30, 2020
10:00 USACB Consumer Confidence (Aug)97.995.7
10:00 USAJOLTs Job Openings (Jul)10.475M10.698M
21:00 ChinaCNY Manufacturing PMI (Aug)49.249.0
Wednesday, August 31, 2022
03:55 germanyEURGerman Unemployment Change (Aug)28K48K
05:00 European UnionEURCPI (YoY) (Aug)9.0%8.9%
08:15 USAADP Nonfarm Employment Change (Jun)200K128K
08:30 canadaCADGDP (MoM) (Jun) 0.1%0.0%
10:30 USACrude Oil Inventories0.633M-3.282M
21:45 ChinaCNYCaixin Manufacturing PMI (Aug)50.250.4
Thursday September 2, 2022
04:30 germanyEURManufacturing PMI (Aug)46.046.0
08:30 USAInitial Jobless Claims284K283K
10:00 USAISM Manufacturing PMI (Aug)52.052.8
Friday September 2, 2022
08:30 USANon Farm Payroll (Jul)300K528K
08:30 USAUnemployment Rate (Jul)3.5%3.5%
HghVolatility Expected

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