Weekly Market Analysis (Aug 09 – Aug 13): Know-How News Impacted Your Currency

August 09

Unemployment Rate (Switzerland)

Pair Projection What is this news about?
USDCHF, AUDCHF, CADCHF, GBPCHF, EURCHF, CHFJPY, NZDCHF CHF has a very minor probability of changing its current trend. But, there can be some volatility during the mentioned time. Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;

FOMC Member Bostic Speaks (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY Depending on the subject and final outcome of the speech, USD can get volatile. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;

JOLTS Job Openings (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY It's released late, but can impact the USD market because job openings are a leading indicator of overall employment; Expect volatility around the mentioned time. Number of job openings during the reported month, excluding the farming industry;

August 10

NAB Business Confidence (Australia)

Pair Projection What is this news about?
AUDCAD, AUDUSD, EURAUD, GBPAUD, AUDNZD, AUDJPY, AUDCHF Keep an eye on the actual result of the news, AUD might become volatile. It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment;

ZEW Economic Sentiment (Euro Zone)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF Little downs urge can be expected from EURXXX pairs, keep a closer eye on the chart. It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity;

German ZEW Economic Sentiment (Euro Zone)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF Little downs urge can be expected from EURXXX pairs, keep a closer eye on the chart. It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity;

August 11

Westpac Consumer Sentiment (Australia)

Pair Projection What is this news about?
AUDCAD, AUDUSD, EURAUD, GBPAUD, AUDNZD, AUDJPY, AUDCHF AUD can get volatile around the mentioned time. Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;

CPI m/m (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY This is a very high impact news for USD , prices can get very volatile. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;

FOMC Member Bostic Speaks (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY Depending on the content of his speech prices of USD can move either way... Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;

August 12

Inflation Expectations q/q (New Zealand)

Pair Projection What is this news about?
All NZDXXX & XXXNZD PAIRS. Previously the inflation of NZD was 2.05%, it might slightly decrease this time, there is a possibility of upsruge in NZD charts. Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;

PPI m/m (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY Volatility is expected from the USDXXX pairs the severity of the volatility is totally based on the actual outcome. It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer;

Unemployment Claims (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY Multiple news of USD coming in at the same hour... the continuation of the volatility is being indicated. Be-careful on the charts! Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;

August 13

German WPI m/m (Euro Zone)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF Not much of an impact is expected but this news previously caused volatility time to time in EURXXX pairs. It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer;

PPI m/m (CHF)

Pair Projection What is this news about?
ALL CHFXXX AND XXXCHF PAIRS There is not going to be a huge difference in the outcome if compared to previous outcome. CHF is most probably going to continue forward on the current trade. It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer;

Prelim UoM Consumer Sentiment (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY This is a pretty high impact news and can cause volatility in the USD charts. Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;

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