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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 24, 2021

1025/2021 10/29/2021 (UK Open) (U.S. Open) (Sydney Open)(Tokyo Open) (UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) Real Time Currency News
TimeCurEventActualForcastPrevious
Monday October 25, 2021
04:00 germanyEURGerman info Business Climate Index (Oct)97.9988
Tuesday October 26, 2021
10:00 USACB Consumer Confidence (Oct) 108.8 109.3
10:00 USANew Home Sales (Sep) 755K740K
20:30 austraiaAUDCPI (QoQ) (Q3) 0.8%0.8%
Wednesday, October 27, 2021
08:30 USACore Durable Goods Orders (MoM) (Sep)0.4%0.3%
10:00 canadaCADBoE Monetary Policy Report
10:00 canadaCADBoC Interest Rate Decision 0.25%0.25%
10:30 USACrude Oil Inventories1.857M-0.431M
11:00 canadaCADBOC Press ConferenceSpeech
TentativeJapanJYPBoJ Monetry Policy Statement-20-30
TentativeJapanJYPBoJ Outlook Report (YoY)
Thursday, October 28, 2021
03:55 germanyEURGerman Unemployment Rate (Q3)-20K-30K
0:745 USADeposit Facility Rate (Oct)-0.50-0.50
07:45 European UnionEURECB Marginal Lending Facility 0.25%
0:745 European UnionEURECB Interest Rate Decision (Oct)
08:30 USAGDP (QoQ) (Q3)2.8%6.7%
08:30 USAInitial Jobless Claims290K
08:30 European UnionEURECB Press ConferenceSpeech
10:00 USAPending Home Sales (MoM) (Sep)
20:30 austraiaAUDRetail Sales (MoM) (Sep)0.2%
Friday, October 29, 2021
04:00 germanyEURGerman GDP (QoQ) (Q3) 2.2%1.6%
05:00 European UnionEURCPI (YoY) (Oct)3.7%3.4%
08:30 canadaCADGDP (MoM) (Aug)0.7%-0.1%
HighVolatility Expected

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