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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 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 January 25, 2021

01/25/2021 01/29/2021 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Monday, January 26, 2021
04:00 germanyEURGerman Info Business Climate Index (Jan)90.191.892.2
11:00 European UnionEURECB President Largarde SpeaksSpeech
Tuesday January 26, 2021
02:00 United_KingdomGreat-BritainGBPAverage Earnings ex Bonus (Nov) 3.1% 2.8%
02:00 United_KingdomGreat-BritainGBPClaimant Count Change (Dec) 64.3M
10:00 USACB Consumer Confidence (Jan)89.088.6
19:30 austraiaAUDCPI (QoQ) (Q4)0.7%1.6%
Wednesday, January 27, 2021
08:30 USACore Durable Goods Orders (MoM) (Dec) 0.5%0.4%
10:30 USACrude Oil Inventories-1.167M4.351M
14:00 USAFOMC Statement0.7%1.6%
14:00 USAFed Interest Rate Decision 0.25%0.25%
14:30 USAFOMC Press ConferenceSpeech
Thursday, January 28, 2021
08:30 germanyEUR GDP (QoQ) (Q4)4.0% 33.4%
08:30 USAInitial Jobless Claims878K900K
10:00 USANew Home Sales (Dec) 860K 841K
Friday, January 29, 2021
04:00 germanyEURGerman GDP (QoQ) (Q4) 8.5%
04:00 germanyEURGerman Unemployment Change (Jan)3K-37K
08:30 canadaCADGDP (MoM) (Nov)0.4% 0.4%
10:00 USAPending Home Sales (MoM) (Dec)-0.6%-2.6%
HighVolatility Expected
HighVolatility Expected

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