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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 Events Recap March 01, 2020

03/01/2020 -- 03/06/2020 News Moves Markets Forex
TimeCurEventActualForecastPrevious
Sunday, March 01, 2020
20:45 ChinaCNYCaixin Manufacturing PMI (Feb)47.751.1
Monday, March 02, 2020
03:55 germanyEURGerman German Manufacturing (Feb)47.847.8
04:30 United_KingdomGreat-BritainGBPManufacturing PMI (Feb)51.851.9
10:30 USAISM Manufacturing Employment (Feb)50.450.9
22:30 austraiaAUDRBA Interest Rate Deciision0.75%0.75%
22:30 austraiaAUDRBA Interest Rate Statement
Tuesday, March 03, 2020
04:30 United_KingdomGreat-BritainGBPConstruction PMI (Feb) 48.8% 484%
10:00 USACB Consumer Confidence (Feb) 132.0131.6
19:30 austraiaAUDGDP (QoQ) (Q4)0.4%0.4%
Wednesday, March 04, 2020
04:30 United_KingdomGreat-BritainGBPComposite PMI (Feb) 53.353.3
04:30 United_KingdomGreat-BritainGBPService PMI (Feb) 53.3 53.3
Tentative United_KingdomGreat-BritainGBPBoE MPC Treasury Committee Hearings
08:15 USAADP Nonfarm Employment change (Feb)170M291K
08:15 USAISM Non-Manufacturing PMI (Feb)54.955.5
10:00 canadaCADBOC Interest Rate Decision1.75%1.75%
10:30 USACrude Oil Inventories0.452M
19:30 austraiaAUDRetail Sales (MoM) (Jan)-0.5%
Thursday, March 05, 2020
12:00 GBPBoC Gov Carney SpeaksSpeech
12:45 canadaCADBoC Gov Poloz SpeaksSpeech
Friday, March 06, 2020
08:30 USANon Farm Payrolls (Feb)175K175K
08:30 USAUnemployment Rate (Feb)3.6%3.6%
08:30 canadaCADEmployment Change (Feb)10.0K34.5K
10:00 canadaCADIvey PMI (Feb)57.3
High Volatility Expected