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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 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 June 21, 2020

06222020-- 0626020(UK Open) (U.S. Open) (Sydney Open)(Tokyo Open)(UK Close) (U.S. Close)(Sydney Close)(Tokyo Close) News Moves Markets Forex
TimeCurEventActualForecastPrevious
Sunday, June 22, 2020
21:30 ChinaCNYPBoC Loan Prime Rate 3.85%
Monday, June 23, 2020
10:00 USAExisting Home Sales (May) 4.10M 4.33M
Tuesday June 244, 2020
03:30 germanyEUR German Manufacturing PMI (Jun)41.536..6
04:30 United_KingdomGreat-BritainGBPComposite PMI 30.0
04:30 USA Manufacturing PMI (Jun) 40.7
04:30 United_KingdomGreat-BritainGBPServices PMI/a> 29.0
10:00 USANew Home Sales (May)640K623K
22:00 USARBNZ Interest Rate Decision 0.25% 0.25%
22:00 New ZealandNZDRBNZ Rate Statement
22:00 New ZealandNZDRBNZ Press ConferenceSpeech
Wednesay, June 25, 2020
04:30 germanyEURGerman Info Business Climate Index (Jun) 85.079.5
10:30 USA Crude Oil Inventories -0.152M-1.215M
Thursday, June 26, 2020
02:00 USACore Durale Goods Orders (MoM) (May) 2.1%-7.7%
08:30 USAGDP (QoQ) (Q) -5.0% -5.0%
08:30 USAInitial Jobless Claims 1,300K1,508K
High Volatility Expected