On December, 31 markets are switching to the holiday trading schedule. No major statistics will be announced, major markets are set to earler closing.
Please, take a look at the changes in trading of various financial instruments (GMT +2): https://www.fxpro.com/trading-tools/market-holidays 👈🏻
Please, take a look at the changes in trading of various financial instruments (GMT +2): https://www.fxpro.com/trading-tools/market-holidays 👈🏻
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🗓 Important upcoming events and publications for January, 3 (GMT):
🇬🇧 09:30 U.K. Construction PMI is able to influence on the pairs with #GBP. Activity in the construction and housing is a reliable barometer of business activity in Britain. It is expected to decline from 53.4 to 52.9, reflecting slowing growth. Data below expectations can bring pressure to the British currency.
🇺🇸 13:15 U.S. ADP Employment report attracts the attention of market participants and can increase #USD volatility in case of deviation from expectations (179k). The weak data would strengthen the nervousness, assuming the United States economy slowdown. Strong data, by contrast, are likely to spur demand for the dollar.
🇺🇸 15:00 U.S. Manufacturing ISM is one of the most important indicators of business activity in the country. The publication may seriously spur volatility in pairs with #USD and on stock markets. It is expected to decrease from a very high level at 59.3 to 58.2. A more dramatic decline could prove unfavorable to the dollar.
Visit https://fxpro.news/economic-calendar/ for more details.
🇬🇧 09:30 U.K. Construction PMI is able to influence on the pairs with #GBP. Activity in the construction and housing is a reliable barometer of business activity in Britain. It is expected to decline from 53.4 to 52.9, reflecting slowing growth. Data below expectations can bring pressure to the British currency.
🇺🇸 13:15 U.S. ADP Employment report attracts the attention of market participants and can increase #USD volatility in case of deviation from expectations (179k). The weak data would strengthen the nervousness, assuming the United States economy slowdown. Strong data, by contrast, are likely to spur demand for the dollar.
🇺🇸 15:00 U.S. Manufacturing ISM is one of the most important indicators of business activity in the country. The publication may seriously spur volatility in pairs with #USD and on stock markets. It is expected to decrease from a very high level at 59.3 to 58.2. A more dramatic decline could prove unfavorable to the dollar.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
USDJPY and AUDUSD flash-crash on the thin market
Overnight we saw some kind of forex flash-crash
As in the case of JPY, AUD sharp weakening became an extreme development of events but coincided with the existing trend: markets continue demand for safe-heavens, which is also seen in the rising gold prices and pressure for the world stock markets.
Read more
Overnight we saw some kind of forex flash-crash
As in the case of JPY, AUD sharp weakening became an extreme development of events but coincided with the existing trend: markets continue demand for safe-heavens, which is also seen in the rising gold prices and pressure for the world stock markets.
Read more
FxPro News
FxPro Blog for forex traders
The foreign exchange market is experiencing serious turbulence in the first days of the new year. At the beginning of the Asian trading on Thursday, t...
⚠️ News alert!
At 13:30 GMT U.S. ADP Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 13:30 GMT U.S. ADP Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
⚠️ News alert!
At 15:00 GMT U.S. Manufacturing ISM will be published. This report may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 15:00 GMT U.S. Manufacturing ISM will be published. This report may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
🗓 Important upcoming events and publications for January, 4 (GMT):
🇩🇪 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due to today's publication of American Non-farm payrolls, data from Germany may not cause a sharp reaction #EUR. However, investors and traders will take this information into account, which could hit the euro if unexpectedly weak data is released.
🇬🇧 09:30 U.K. Services PMI and Composite index often have a significant impact on the dynamics of the #GBP at the time of release. During the previous three months, the index slowed sharply, coming close to the area around 50, which separates growth from fall. December data is expected to show an increase from 50.4 to 50.8.
🇺🇸13:30 U.S. Employment report is the most important economic release for markets on Friday. This is one of the most difficult to predict indicators. Significant deviation from expectations (181K) is able to cause wild market swings, affecting stocks, commodities and currency pairs with #USD. ADP Employment report in the private sector significantly exceeded expectations (271K vs 179K), probably slightly increased market expectations for NFP.
🇨🇦13:30 Employment data from Canada will be overshadowed by the publication from the United States. However, investors and traders will take this information into account, which may hit the #CAD in case of unexpectedly weak data.
🇺🇸 15:15 Speech of the Fed chairman Jerome Powell, together with his two predecessors, Janet Yellen and Ben Bernanke, in an interview can be a trigger for a new burst of market volatility, as it may have hints to change the tone of the FOMC to a softer, or, on the contrary, to confirm the mood for the further increase of rates, while markets put 40% probability of rate cut (!) in 2019.
Visit https://fxpro.news/economic-calendar/ for more details.
🇩🇪 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due to today's publication of American Non-farm payrolls, data from Germany may not cause a sharp reaction #EUR. However, investors and traders will take this information into account, which could hit the euro if unexpectedly weak data is released.
🇬🇧 09:30 U.K. Services PMI and Composite index often have a significant impact on the dynamics of the #GBP at the time of release. During the previous three months, the index slowed sharply, coming close to the area around 50, which separates growth from fall. December data is expected to show an increase from 50.4 to 50.8.
🇺🇸13:30 U.S. Employment report is the most important economic release for markets on Friday. This is one of the most difficult to predict indicators. Significant deviation from expectations (181K) is able to cause wild market swings, affecting stocks, commodities and currency pairs with #USD. ADP Employment report in the private sector significantly exceeded expectations (271K vs 179K), probably slightly increased market expectations for NFP.
🇨🇦13:30 Employment data from Canada will be overshadowed by the publication from the United States. However, investors and traders will take this information into account, which may hit the #CAD in case of unexpectedly weak data.
🇺🇸 15:15 Speech of the Fed chairman Jerome Powell, together with his two predecessors, Janet Yellen and Ben Bernanke, in an interview can be a trigger for a new burst of market volatility, as it may have hints to change the tone of the FOMC to a softer, or, on the contrary, to confirm the mood for the further increase of rates, while markets put 40% probability of rate cut (!) in 2019.
Visit https://fxpro.news/economic-calendar/ for more details.
FxPro News
Forex Economic Calendar - FxPro News
Stay informed and plan with confidence using our FX economic calendar, designed to help traders follow key financial updates that move the market. By tracking major releases, you can make smarter decisions in forex trading, manage risk, and choose better.
⚠️ News alert!
At 08:55 GMT Germany Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 08:55 GMT Germany Employment Report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
⚠️ News alert!
At 09:30 GMT U.K. Services PMI will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 09:30 GMT U.K. Services PMI will be published. This data may affect GBPUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Payrolls and Powell can help markets to choose their direction
This Friday is the labor data day with most important statistics from the U.S. and less than two hours later Powell will speak.
So, markets can get both the reason and the formal confirmation of the Fed's course change towards greater softness. Or, on the contrary, to say goodbye to hopes for Fed's softer tone.
Read more
This Friday is the labor data day with most important statistics from the U.S. and less than two hours later Powell will speak.
So, markets can get both the reason and the formal confirmation of the Fed's course change towards greater softness. Or, on the contrary, to say goodbye to hopes for Fed's softer tone.
Read more
FxPro News
FxPro Blog for forex traders
This Friday is the labor data day. We will see such data are coming out from Germany, Canada and the USA. The latest release is the most important for...
⚠️ News alert!
At 13:30 GMT U.S. Employment report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
At 13:30 GMT U.S. Employment report will be published. This data may affect EURUSD volatility.
Open your FxPro trading platform to examine the market situation: fxpro.com 👈🏻
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Very strong employment data from the U.S.!
Non-Farm Employment +312K vs expected +181K
Manufacturing Employment + 32 vs expected + 20K
Average hourly earnings +0.4% m/m, 3.2% y/y, much better expected +0.3% m/m 3.0% y/y
------
The rise of unemployment from 3.7% to 3.9% should not be misleading, as it was together with the growth of the Participation Rate on the same 0.2 percentage point.
This is a positive news for the dollar, which added 0.4% in the first minutes after the publication.
Such strong growth has the potential to mitigate fears around the growth of the US economy by supporting the demand for risky assets.
Now the main question is how Powell will comment these figures at 15:15 GMT. Will he seize the chances to set up markets for two rate hikes in 2019, although the markets are not expecting no changes or even cut?
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money
Non-Farm Employment +312K vs expected +181K
Manufacturing Employment + 32 vs expected + 20K
Average hourly earnings +0.4% m/m, 3.2% y/y, much better expected +0.3% m/m 3.0% y/y
------
The rise of unemployment from 3.7% to 3.9% should not be misleading, as it was together with the growth of the Participation Rate on the same 0.2 percentage point.
This is a positive news for the dollar, which added 0.4% in the first minutes after the publication.
Such strong growth has the potential to mitigate fears around the growth of the US economy by supporting the demand for risky assets.
Now the main question is how Powell will comment these figures at 15:15 GMT. Will he seize the chances to set up markets for two rate hikes in 2019, although the markets are not expecting no changes or even cut?
Trade Responsibly: 79 % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money