Follow us on NewsMovesMarketsForex Follow Us on Instragram    Follow us on face book   The Forex Weekly High Impact Forex Economic Events Recap may prepare Traders in advance of specific major impactive economic news releases scheduled for the week ahead. NEWSMOVESMARKETSFOREX®  publishes an informative weekly snap shot of the Global Forex Economic Calendar primary detailing FX market moving events.  One of the most significate being the G-10 Central Bank monetary policy meetings. It is important to note that G-10 which refers to the Group of Ten major world powers who agree to engage in an agreement related to the International Monetary Fund to borrow more funding for the IMF usage.  These  fundamental economic announcements and indicators range from Central Bank Interest Rate Decision’s, U.S. Job Report, Gross Domestic Product, Consumer Price Index and so on.   News Does Moves Markets Forex and it is very important that Traders  stay informed to all the up- and-coming high impact Forex economic news releases.  This can be a very useful tool if properly employed in one”s 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 2022..turnover in global Fx markets average 7 trillion dollars. The U.S. Dollar (USD) remains the most traded currency in the Forex global marketplace with 88% of the 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 constitute 12.8% of daily trades bought or sold.  Lastly, 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 May 8, 2023

5/8/2023 5/12/2023 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) NEWSMOVESMARKETSFOREX Financial Currency News Black Perspective
TimeCurEventActual ForcastPrevious
Monday, May 8, 2023
21:30 austraiaAUDRetail Sales (MoM)0.4%0.2%
Tuesday, May 9, 2023
12:00 USAEIA Short-Term Energy Outlook
Wednesday, May10, 2022
02:00 germanyEURGerman CPI (MoM) (Apr)0.4%0.8%
08:30 USACore CPI (YoY) (Apr)0.4%0.4%
08:30 USACore CPI (MoM) (Apr)0.4%0.1%
10:30 USACrude Oil Inventories-1.1000M-1.280M
Thursday, May , 11 2023
02:00 United_KingdomGreat-BritainGBPBOE Interest Rate Decision (May)4.50%4.25%
04:30 United_KingdomGreat-BritainGBPBoE MPC Meetings Minutes54.9
08:30 USAInitial Jobless Claims246K242K
08:30 USAPPI (MoM) (Apr) 0.3%-0,5%
09:15 United_KingdomGreat-BritainGBPBoE Gov Bailey SpeaksSpeech58.2
Friday, May 12, 2023
02:00United_KingdomGreat-BritainGBP United_KingdomGreat-BritainGBPGDP (QoQ) (Q1)0.1%0.1%
02:00United_KingdomGreat-BritainGBP United_KingdomGreat-BritainGBPGDP ( (YoY) (Q1)0.2%0.6%
02:00United_KingdomGreat-BritainGBP United_KingdomGreat-BritainGBPUnemployment Rate (Mar)0.1%0.0%
02:00 United_KingdomGreat-BritainGBPEmployment Change (Apr)-0.1%0.1%
United_KingdomGreat-BritainGBP
HghVolatility Expected
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