(  Please Follow us on Instagram @newsmovesmarketsforex   Twitter @newsmmforex   FaceBook @NmmForex )

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 October 17, 2021

10/17/2021 10/23/2021 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Sunday, October 17, 2021
17:45 New ZealandNZDCPI (QoQ) (Q3)1.4%1.3%
22:00 ChinaCNYGDP (YoY) (Q3l) 5.2%7.9%
22:00 ChinaCNYIndustrial Production (YoY) (Sep)4.5%5.3%
Monday October 18, 2021
21:30 austraiaAUDRBA Rate Statement
Tuesday October 19, 2021
04:30 United_KingdomGreat-BritainGBPBoE Gov Bailey SpeaksSpeech
04:30 USABuilding Permits (Sep) 1.680M1,721M
04:30 ChinaCNYPBoC Loan Prime Rate 3.86%
Wednesday, October 20, 2021
02:00 United_KingdomGreat-BritainGBPCPI (YoY) (Sep)3.2%3.2%
05:00 European UnionEURCPI (YoY) (Sep)3.4%3.0%
08:30 canadaCADCore CPI (MoM) (Sep) 0.2%
10:30 USACrude Oil Inventories6.088M
Thursday, October 21, 2021
08:30 USAInitial Jobless Claims 293K
10:00 USAPhiladelphia Fed Manufacturing Index (Oct)24.530.7
10:00 USAExisting Home Sales (Sep)6.06M5.88M
Friday, October 22, 2021
02:00 United_KingdomGreat-BritainGBPRetail Sales (MoM) (Sep)0.4%-0.9%
03:30 germanyEURGerman Manufacturing PMI (Oct)56.958.4
08:30 canadaCADCore Retail Sales (MoM) (Aug)3.0%-1.0%
HighVolatility Expected

#newsmovesmarketsforex #forexcalendar