Weekly Market Analysis (Sep 20 – Sep 24): Know-How News Impacted Your Currency

September 20

Federal Election (Canada)

Pair Projection What is this news about?
USDCAD, EURCAD, CADJPY, NZDCAD, CADCHF, AUDCAD, GBPCAD A lot of possibilities are out there... CADXXX and XXXCAD pairs are anticipated to get volatile. The winners will likely be projected before the official vote count is announced, based on early vote counts and exit polling;

September 22

Monetary Policy Statement (Japan)

Pair Projection What is this news about?
USDJPY, EURJPY, CADJPY, AUDJPY, GBPJPY, CHFJPY, NZDJPY It is a very big news for japanese economy therefore it impacts a lot on JPYXXX and XXXJPY charts. It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes;

FOMC Economic Projections (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, stay cautious around the mentioned time USDXXX are highly likely to be volatile. This report includes the FOMC's projection for inflation and economic growth over the next 2 years and, more importantly, a breakdown of individual FOMC member's interest rate forecasts. Source first released in Apr 2011;

FOMC Press Conference (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, stay cautious around the mentioned time USDXXX are highly likely to be volatile.

September 23

SNB Monetary Policy Assessment (Switzerland)

Pair Projection What is this news about?
USDCHF, AUDCHF, CADCHF, GBPCHF, EURCHF, CHFJPY, NZDCHF This event causes a lot of impact on XXXCHF and CHFXXX. Be careful trading CHF pairs around the mentioned time as prices might get volatile. It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions;

German Flash Manufacturing PMI (Euro Zone)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF A very high impact news for EURXXX pairs... Keep a closer eye on the actual outcome of the news! It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Monetary Policy Summary (UK)

Pair Projection What is this news about?
GBPUSD, GBPJPY, GBPCAD, GBPAUD, GBPNZD, GBPCHF, EURGBP, Depending on the actual outcome of the news GBPXXX might move either way. Keep eye on the actual result. It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes;

September 24

German ifo Business Climate (Euro Zone)

Pair Projection What is this news about?
EURUSD, EURJPY, EURGBP, EURCAD, EURAUD, EURNZD, EURCHF Depending on the actual outcome of the news EURXXX pairs might get 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;

Fed Chair Powell Speaks (USA)

Pair Projection What is this news about?
USD/CAD, EUR/USD, USD/CHF, GBP/USD, NZD/USD, AUD/USD, USD/JPY Contents of the speech can greatly impact on USDXXX pairs. Keep careful eyes on the charts. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy;

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