Weekly Market Analysis (Oct 12 – Oct 15): Know-How News Impacted Your Currency

October 12

ZEW Economic Sentiment (EUR)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF This news, sometimes causes an impact on the charts and sometimes it doesn't. Keep a careful eye on the charts and make sure to watchout for any unanticipated outcome from this news! 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;

JOLTS Job Openings (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY This has a very minor probability of changing its current trend. But, there can be some volatility during the mentioned time. It's released late, but can impact the market because job openings are a leading indicator of overall employment;

10-y Bond Auction (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 outcome of the news USD can move either way. Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence;

October 13

CPI m/m (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 very high impact news for AUDXXX pairs. Becareful around this time, and lookout for the actual outcome of the news! 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;

Core CPI m/m (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 very high impact news, stay cautious around the mentioned time USDXXX are highly likely to be 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 Meeting Minutes (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates;

October 14

Employment Change (AUD)

Pair Projection What is this news about?
AUD/CAD, AUD/USD, EUR/AUD, GBP/AUD, AUD/NZD, AUD/JPY, AUD/CHF This is a very high impact news for AUDXXX pairs. Be careful around this time, and lookout for the actual outcome of the news! Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Unemployment Rate (AUD)

Pair Projection What is this news about?
AUD/CAD, AUD/USD, EUR/AUD, GBP/AUD, AUD/NZD, AUD/JPY, AUD/CHF This is a very high impact news, stay cautious around the mentioned time AUDXXX are highly likely to be volatile. 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;

PPI m/m (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF,GBP/USD, NZD/USD, AUD/USD, USD/JPY A lot of possibilities are out there... USDXXX and XXXUSD pairs are anticipated to get volatile. 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;

October 15

Core Retail Sales m/m (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY A lot of possibilities are out there... USDXXX and XXXUSD pairs are anticipated to get volatile. Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends;

Retail Sales m/m (USD)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF,GBP/USD, NZD/USD, AUD/USD, USD/JPY A lot of possibilities are out there... USDXXX and XXXUSD pairs are anticipated to get volatile. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;

FOMC Member Williams 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 contents of the FOMC member Williams speech, EURXXX pairs can move to 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;

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