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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.  

 

Weekly High Economic Events Recap June 6, 2022

06/8/2022 06/10/2022 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Monday June 6, 2022
21:30 austraiaAUDBuilding Approvals (MoM) -2.4%
Tuesday June 7, 2022
00:30 austraiaAUDRBA Interest Rate Decision0.60%0.35%
00:30 austraiaAUDRBA Rate Statement
04:30 United_KingdomGreat-BritainGBPComposite PMI (May) 51.851.8
10:00 canadaCADIvey PMI (May) 66.3
12:00 USAEIA Short-Term Energy Outlook
19:50 JapanJYPGDP (QoQ) (Q1)-0.3%-0.2%
21:45 GDP (QoQ) (Q2) 46.0
Wednesday, June 8, 2022
04:30 United_KingdomGreat-BritainGBPConstruction PMI (May) 56.658.2
10:30 USACrude Oil Inventories-1.350M-5,068M
Thursday June 9, 2022
07:45 European UnionEURDeposit Facility Rate (Aug) 0.50%0.50%
07:45 European UnionEURECB Lending Facility 0.25%
07:45 European UnionEURECB Monetary Policy Statement
07:45 European UnionEURECB Interest Rate Decision (Aug) 0.00% 0.00%
10:00 USAInitial Jobless Claims 207K200K
08:30 European UnionEURECB Press ConferenceSpeech
Friday June 10, 2022
08:30 USACore CPI (MoM) (May)0.5%0.6%
08:30 canadaCADEmployment Change (May)24.0K15,3K
HghVolatility Expected

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