This Week’s Forex News Events: Jan 7 – Jan 13

this-weeks-forex-news-events-jan-7-jan-13

Event

Date

Time

Currency

Impact

Forecast

Previous

CPI m/m

Mon Jan 8

12:30pm

CHF

High

-0.1%

-0.2%

Tokyo Core CPI y/y

Tue Jan 9

4:30am

JPY

Medium

2.1%

2.3%

Retail Sales m/m

 

Tue Jan 9

5:30am

AUD

Medium

1.2%

-0.2%

Foreign Currency Reserves

Tue Jan 9

1:00pm

CHF

Medium

 

642B

CPI y/y

Wed Jan 10

5:30am

AUD

High

4.5%

4.9%

New Loans

Wed Jan 10

10th-15th

CNY

Medium

1370B

1090B

BOE Gov Bailey Speaks

Wed Jan 10

7:15pm

GBP

High

 

 

10-y Bond Auction

Wed Jan 10

11:01pm

USD

Medium

 

4.30|2.5

Core CPI m/m

Thu Jan 11

6:30pm

USD

High

0.2%

0.3%

CPI m/m

Thu Jan 11

6:30pm

USD

High

0.2%

0.1%

CPI y/y

Thu Jan 11

6:30pm

USD

High

3.2%

3.1%

Unemployment Claims

Thu Jan 11

6:30pm

USD

High

211K

202K

30-y Bond Auction

Thu Jan 11

11:01pm

USD

Medium

 

4.34|2.4

CPI y/y

Fri Jan 12

6:30am

CNY

High

-0.4%

-0.5%

PPI y/y

Fri Jan 12

6:30am

CNY

Medium

-2.6%

-3.0%

GDP m/m

Fri Jan 12

12:00pm

GBP

High

0.2%

-0.3%

Core PPI m/m

Fri Jan 12

6:30pm

USD

High

0.2%

0.0%

PPI m/m

Fri Jan 12

6:30pm

USD

High

0.1%

0.0%

This table is in EST (Eastern Standard Time)

This Week’s Forex News Events: Jan 7 – Jan 13:

In the dynamic world of Forex trading, staying informed about key events is crucial. This week, keep your eyes on potential market movers with the following schedule. Before diving in, check out the latest offerings from 4xPip, a platform committed to providing valuable insights and services to traders. For more information, reach out to them at [email protected].

  1. Monday, Jan 8 – CPI m/m (CHF):

Starting the week, all eyes are on Switzerland with the Consumer Price Index (CPI) month-over-month data. A high-impact event, this report can influence the Swiss Franc (CHF) values. With a forecast of -0.1%, traders will closely monitor any deviations from the previous -0.2%.

  1. Tuesday, Jan 9 – Tokyo Core CPI y/y (JPY) and Retail Sales m/m (AUD):

On Tuesday, attention shifts to Japan for the Tokyo Core Consumer Price Index year-over-year (CPI) report. Simultaneously, Australia releases Retail Sales month-over-month (m/m) data. Both events, with medium impact, can sway the Japanese Yen (JPY) and the Australian Dollar (AUD) respectively.

  1. Tuesday, Jan 9 – Foreign Currency Reserves (CHF):

Later on Tuesday, Switzerland’s Foreign Currency Reserves data takes the spotlight. With a medium impact, this report could impact the Swiss Franc (CHF) value. Keep an eye on the release for potential market reactions.

  1. Wednesday, Jan 10 – CPI y/y (AUD) and BOE Gov Bailey Speaks (GBP):

Wednesday brings Australia’s Consumer Price Index year-over-year (CPI) report, a high-impact event that may influence the Australian Dollar (AUD). Additionally, Bank of England Governor Bailey’s speech could impact the British Pound (GBP). Traders should stay vigilant during these potentially market-moving events.

  1. Wednesday, Jan 10 – 10-y Bond Auction (USD):

Mid-week, the United States conducts a 10-year Bond Auction, a medium-impact event. Keep an eye on the results, as they may impact the US Dollar (USD) and influence market sentiment.

  1. Thursday, Jan 11 – Core CPI m/m, CPI m/m, and CPI y/y (USD):

Thursday is packed with high-impact events from the United States, including Core Consumer Price Index month-over-month (CPI m/m), Consumer Price Index month-over-month (CPI m/m), and Consumer Price Index year-over-year (CPI y/y). These releases can significantly impact the US Dollar (USD) and may lead to market volatility.

Summary

As the week progresses, traders should remain vigilant, keeping a close watch on the mentioned events to make informed decisions. For more insights and assistance, explore 4xPip and reach out to [email protected].

FAQs

What is the significance of the CPI report?

The Consumer Price Index (CPI) measures the average change in prices paid by consumers for goods and services. It is a key indicator of inflation and can impact currency values.

How does a bond auction affect the market?

Bond auctions, like the 10-year Bond Auction in the US, can influence interest rates and impact the value of the currency. Traders closely monitor these auctions for market sentiment.

Why is BOE Gov Bailey’s speech important?

Speeches by central bank officials, such as Bank of England Governor Bailey, can provide insights into economic policies and impact the currency. Traders watch these speeches for guidance.

How can Foreign Currency Reserves impact the currency value?

Foreign Currency Reserves represent a country’s holdings of foreign currencies. Changes in reserves can signal economic strength or weakness, impacting the currency value.

Don't forget to share this post!

This Week’s Forex News Events: Jan 7 – Jan 13

this-weeks-forex-news-events-jan-7-jan-13

Don't forget to share this post!

Related Articles