EUR/USD Weekly Log

27 June 1 July 2016

Thursday, 30 June 2016
2:55pm EUR German Unemployment Change (Mild)

at 2:54pm
Actual: -6K
Forecast: -5K
Previous: -11K
Result: No big/sudden movement on the Euro. Stronger Euro long movement
Action: Open 1.1103 High 1.1135 4:00pm EUR CPI and Core CPI (Mild)

Result: No big/sudden movement on the Euro.

EUR/USD Weekly Log

4 8 July 2016
Monday, 4 July 2016

Close at 1.1140 (2/7/16 4am)

Open at 1.1133 (4/7/16 5.20am)
Slight Bearish
Friday, 8 July 2016

Non-Farm Employment Change (USD)

Previous: 11K
Forecast: 175K
Actual: 287K
Result: Increase in employment means that more employed in the secondary and
tertiary sectors. It makes the USD currency to become stronger therefore EUR/USD will
short - Bearish (A).
Open: 1.1073
Lowest: 1.1008
Unemployment Rate (USD)
Previous: 4.7%
Forecast: 4.8%
Actual: 4.9%
Result: Higher unemployment rate will leads to weaker USD currency therefore the
EUR/USD will be stronger Bullish (B).
Open: 1.1024
Highest: 1.1121

Thursday, 14 July 2016

MPC Official Bank Rates Votes (GBP)

FF Notes

The vote is reported in an 'X-X-X' format - the first number is how many MPC members voted to
increase interest rates, the second number is how many voted to decrease rates, and the third is
how many voted to hold rates.

Why
Traders
Care

The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the
most recent meeting. The breakdown of votes provides insight into which members are changing
their stance on interest rates and how close the committee is to enacting a rate change in the
future.

Official Bank Rate (GBP)

FF Notes

Why
Traders
Care
Derived Via

The rate decision is usually priced in the market, so it tends to be overshadowed by the
Monetary Policy Summary, which is focused on the future;

Short term interest rates are the paramount factor in currency valuation - traders look at most
other indicators merely to predict how rates will change in the future;

MPC members vote on where to set the rate. The individual votes are published 2 weeks later in
the MPC Meeting Minutes;

Result: more than 150+ pips

Friday, 15 July 2016

Usual Effect

Actual > Forecast = Good for currency;

Frequency

Released monthly, about 45 days after the month ends;

Next
Release

Aug 12, 2016

FF Notes

A positive number indicates that more goods were exported than imported. This is
one of the few non-seasonally adjusted numbers reported on the calendar, as it's the
primary calculation for this indicator.

Results: Bullish trend

Thursday, 28 July 2016

1am

Thursday, 4 August 2016

Results: more than 150 pips