This Week’s Forex News Events: Dec 17 – Dec 23

this-weeks-forex -news-events-dec-17-dec-23

Event

Date

Time

Currency

Impact

Forecast

Previous

German ifo Business Climate

Mon Dec 18

2:00pm

EUR

Medium

87.6

87.3

Monetary Policy Meeting Minutes

Tue Dec 19

5:30am

AUD

High

 

 

Monetary Policy Statement

Tue Dec 19

Tentative

JPY

High

 

 

BOJ Policy Rate

Tue Dec 19

Tentative

JPY

Medium

-0.10%

-0.10%

BOJ Press Conference

Tue Dec 19

Tentative

JPY

High

 

 

CPI m/m

Tue Dec 19

6:30pm

CAD

High

-0.2%

0.1%

Median CPI y/y

Tue Dec 19

6:30pm

CAD

High

3.3%

3.6%

Trimmed CPI y/y

Tue Dec 19

6:30pm

CAD

High

3.3%

3.5%

Common CPI y/y

Tue Dec 19

6:30pm

CAD

Medium

4.0%

4.2%

Building permits

Tue Dec 19

6:30pm

USD

Medium

1.46M

1.49M


RBNZ Gov Orr Speaks

Wed Dec 20

12:00am

NZD

Medium

 

 

1-y Loan Prime Rate

Wed Dec 20

6:15am

CNY

Medium

3.45%

3.45%

5-y Loan Prime Rate

Wed Dec 20

6:15am

CNY

Medium

4.20%

4.20%

CPI y/y

Wed Dec 20

12:00pm

GBP

High

4.3%

4.6%

CB Consumer Confidence

Wed Dec 20

8:00pm

USD

High

104.1

102.0

Existing Home Sales

Wed Dec 20

8:00pm

USD

Medium

3.77M

3.79M

Core Retail Sales m/m

Thu Dec 21

6:30pm

CAD

Medium

0.6%

0.2%

Retail Sales m/m

Thu Dec 21

6:30pm

CAD

Medium

0.7%

0.6%

Final GDP q/q

Thu Dec 21

6:30pm

USD

High

5.2%

5.2%

Unemployment Claims

Thu Dec 21

6:30pm

USD

High

215K

202K

Final GDP Price Index q/q

Thu Dec 21

6:30pm

USD

Medium

3.6%

3.6%

Philly Fed Manufacturing Index

Thu Dec 21

6:30pm

USD

Medium

-3.2

-5.9

Retail Sales m/m

Fri Dec 22

12:00pm

GBP

High

0.5%

-0.3%

GDP m/m

Fri Dec 22

6:30pm

CAD

High

0.2%

0.1%

Core PCE Price Index m/m

Fri Dec 22

6:30pm

USD

High

0.2%

0.2%

Core Durable Goods Orders m/m

Fri Dec 22

6:30pm

USD

Medium

0.1%

0.0%

Durable Goods Orders m/m

Fri Dec 22

6:30pm

USD

Medium

2.7%

-5.4%

Revised UoM Consumer Sentiment

Fri Dec 22

8:00pm

USD

High

69.5

69.4

New Home Sales

Fri Dec 22

8:00pm

USD

Medium

687K

679K

This table is in EST (Eastern Standard Time)

Navigating Forex News Events: Dec 17 – Dec 23

As we approach the final trading weeks of the year, staying abreast of key Forex news events is crucial for informed decision-making. This week, from December 17 to December 23, promises significant market movements. Before we dive into the events, remember that the right tools and strategies can enhance your trading experience. Check out the promotions at 4xPip for cutting-edge tools and expert advisors to elevate your trading game.

  1. German ifo Business Climate (Dec 18, 2:00 pm EST) – EUR:

Kicking off the week, the German ifo Business Climate report is expected to have a medium impact on the Euro. Keep an eye on the forecasted 87.6, compared to the previous 87.3.

  1. Monetary Policy Meetings and Statements (Dec 19, Various Times) – AUD & JPY:

Tuesday brings high-impact events with the Monetary Policy Meeting Minutes for AUD and the BOJ Policy Rate and Press Conference for JPY. The outcomes of these meetings can significantly influence their respective currencies.

  1. Canadian CPI Data (Dec 19, 6:30 pm EST) – CAD:

Canada releases crucial Consumer Price Index (CPI) data. Furthermore, watch for the month-on-month CPI, Median CPI year-on-year, Trimmed CPI year-on-year, and Common CPI year-on-year figures, all carrying high impact.

  1. RBNZ Gov Orr Speaks (Dec 20, 12:00 am EST) – NZD:

Midweek, Reserve Bank of New Zealand (RBNZ) Governor Orr speaks, potentially impacting the NZD. Also, stay alert for any insights that might influence the Kiwi currency.

  1. UK CPI and US Consumer Confidence (Dec 20, Various Times) – GBP & USD:

Wednesday brings the UK CPI year-on-year and the U.S. Consumer Confidence figures. Moreover, both events are high-impact, with traders watching closely for potential market shifts.

  1. Final GDP and Unemployment Claims (Dec 21, 6:30 pm EST) – USD:

As the week progresses, Thursday features high-impact events for the USD, including the Final GDP quarter-on-quarter and the Unemployment Claims figures. These releases can have a profound impact on the U.S. dollar and broader markets.

Summary

In summary, this week’s Forex landscape is marked by pivotal events across major currencies. Also, traders should remain vigilant and consider the potential impacts of economic indicators and central bank communications. Lastly, for the latest trading tools and expert advisors, explore the promotions at 4xPip.

FAQ's

Don't forget to share this post!

This Week’s Forex News Events: Dec 17 – Dec 23

this-weeks-forex -news-events-dec-17-dec-23

Event

Date

Time

Currency

Impact

Forecast

Previous

German ifo Business Climate

Mon Dec 18

2:00pm

EUR

Medium

87.6

87.3

Monetary Policy Meeting Minutes

Tue Dec 19

5:30am

AUD

High

 

 

Monetary Policy Statement

Tue Dec 19

Tentative

JPY

High

 

 

BOJ Policy Rate

Tue Dec 19

Tentative

JPY

Medium

-0.10%

-0.10%

BOJ Press Conference

Tue Dec 19

Tentative

JPY

High

 

 

CPI m/m

Tue Dec 19

6:30pm

CAD

High

-0.2%

0.1%

Median CPI y/y

Tue Dec 19

6:30pm

CAD

High

3.3%

3.6%

Trimmed CPI y/y

Tue Dec 19

6:30pm

CAD

High

3.3%

3.5%

Common CPI y/y

Tue Dec 19

6:30pm

CAD

Medium

4.0%

4.2%

Building permits

Tue Dec 19

6:30pm

USD

Medium

1.46M

1.49M


RBNZ Gov Orr Speaks

Wed Dec 20

12:00am

NZD

Medium

 

 

1-y Loan Prime Rate

Wed Dec 20

6:15am

CNY

Medium

3.45%

3.45%

5-y Loan Prime Rate

Wed Dec 20

6:15am

CNY

Medium

4.20%

4.20%

CPI y/y

Wed Dec 20

12:00pm

GBP

High

4.3%

4.6%

CB Consumer Confidence

Wed Dec 20

8:00pm

USD

High

104.1

102.0

Existing Home Sales

Wed Dec 20

8:00pm

USD

Medium

3.77M

3.79M

Core Retail Sales m/m

Thu Dec 21

6:30pm

CAD

Medium

0.6%

0.2%

Retail Sales m/m

Thu Dec 21

6:30pm

CAD

Medium

0.7%

0.6%

Final GDP q/q

Thu Dec 21

6:30pm

USD

High

5.2%

5.2%

Unemployment Claims

Thu Dec 21

6:30pm

USD

High

215K

202K

Final GDP Price Index q/q

Thu Dec 21

6:30pm

USD

Medium

3.6%

3.6%

Philly Fed Manufacturing Index

Thu Dec 21

6:30pm

USD

Medium

-3.2

-5.9

Retail Sales m/m

Fri Dec 22

12:00pm

GBP

High

0.5%

-0.3%

GDP m/m

Fri Dec 22

6:30pm

CAD

High

0.2%

0.1%

Core PCE Price Index m/m

Fri Dec 22

6:30pm

USD

High

0.2%

0.2%

Core Durable Goods Orders m/m

Fri Dec 22

6:30pm

USD

Medium

0.1%

0.0%

Durable Goods Orders m/m

Fri Dec 22

6:30pm

USD

Medium

2.7%

-5.4%

Revised UoM Consumer Sentiment

Fri Dec 22

8:00pm

USD

High

69.5

69.4

New Home Sales

Fri Dec 22

8:00pm

USD

Medium

687K

679K

This table is in EST (Eastern Standard Time)

Navigating Forex News Events: Dec 17 – Dec 23

As we approach the final trading weeks of the year, staying abreast of key Forex news events is crucial for informed decision-making. This week, from December 17 to December 23, promises significant market movements. Before we dive into the events, remember that the right tools and strategies can enhance your trading experience. Check out the promotions at 4xPip for cutting-edge tools and expert advisors to elevate your trading game.

  1. German ifo Business Climate (Dec 18, 2:00 pm EST) – EUR:

Kicking off the week, the German ifo Business Climate report is expected to have a medium impact on the Euro. Keep an eye on the forecasted 87.6, compared to the previous 87.3.

  1. Monetary Policy Meetings and Statements (Dec 19, Various Times) – AUD & JPY:

Tuesday brings high-impact events with the Monetary Policy Meeting Minutes for AUD and the BOJ Policy Rate and Press Conference for JPY. The outcomes of these meetings can significantly influence their respective currencies.

  1. Canadian CPI Data (Dec 19, 6:30 pm EST) – CAD:

Canada releases crucial Consumer Price Index (CPI) data. Furthermore, watch for the month-on-month CPI, Median CPI year-on-year, Trimmed CPI year-on-year, and Common CPI year-on-year figures, all carrying high impact.

  1. RBNZ Gov Orr Speaks (Dec 20, 12:00 am EST) – NZD:

Midweek, Reserve Bank of New Zealand (RBNZ) Governor Orr speaks, potentially impacting the NZD. Also, stay alert for any insights that might influence the Kiwi currency.

  1. UK CPI and US Consumer Confidence (Dec 20, Various Times) – GBP & USD:

Wednesday brings the UK CPI year-on-year and the U.S. Consumer Confidence figures. Moreover, both events are high-impact, with traders watching closely for potential market shifts.

  1. Final GDP and Unemployment Claims (Dec 21, 6:30 pm EST) – USD:

As the week progresses, Thursday features high-impact events for the USD, including the Final GDP quarter-on-quarter and the Unemployment Claims figures. These releases can have a profound impact on the U.S. dollar and broader markets.

Summary

In summary, this week’s Forex landscape is marked by pivotal events across major currencies. Also, traders should remain vigilant and consider the potential impacts of economic indicators and central bank communications. Lastly, for the latest trading tools and expert advisors, explore the promotions at 4xPip.

FAQ's

Don't forget to share this post!

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