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The 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 High Economic Events Recap February 20, 2022

02/21/2022 02/24/2022 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Monday February 21, 2022
03:30 germanyEURGerman Manufacturing PMI (Feb) 59.559.8
04:30 United_KingdomGreat-BritainGBPManufacturing PMI (Feb)57.3
018:5 ChinaCNY PBoC Loan Prime Rate
Tuesday February 22, 2022
04:00 germanyEURGerman Ifo Business Climate Index (Feb) 96.5 95.7
10:00 USACB Consumer Confidence (Feb)109.8113.8
20:00 New ZealandNZDRBNZ Interest Rate Decision
20:00 New ZealandNZDRBNZ Monetary Policy Statement1.00%1.00%
20:00 New ZealandNZDRBNZ Rate Statement
20:00 New ZealandNZDRBNZ Press Conference
Wednesday, February 23, 2022
05:00 European UnionEURCore CPI (YoY) (Jan) 2.3%2..3%
Thursday, February 24, 2022
05:00 United_KingdomGreat-BritainGBPBoE Gov Bailey SpeaksSpeech
08:30 USAContinuing Jobless Claims1.605K1.593K
08:30 USAInitial Jobless Claims 235K 248K
10:00 USANew Homes Sales (MoM) (Jan) 11.9%
11:00 USACrude Oil Invenories 1.121M
Friday, February 25, 2022
02:00 germanyEURGerman GDP (YoY) (Q4) -0.7% -0.7%
08:30 canadaCADCore Durable Goods Orders (MoM) (Jan)-2.3%1.1%
10:00 canadaCADPending Home Sales (Jan)0.5%-3.8%
HghVolatility Expected

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