Weekly News Ahead.

28th March 2022

➡️ BOE Gov Bailey Speaks (GBP) - 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; More hawkish than expected is good for currency.

29th March 2022

➡️ JOLTS Job Openings (USD) - Number of job openings during the reported month, excluding the farming industry; 'Actual' greater than 'Forecast' is good for currency;

30th March 2022

➡️ ADP Non-Farm Employment Change (USD)- Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; 'Actual' greater than 'Forecast' is good for currency

31st March 2022

➡️ GDP m/m (CAD) - It's the broadest measure of economic activity and the primary gauge of the economy's health; 'Actual' greater than 'Forecast' is good for currency;

➡️ Core PCE Price Index m/m (USD) - It's the Federal Reserve's primary inflation measure. 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;' Actual' greater than 'Forecast' is good for currency;

1st April 2022

➡️ Average Hourly Earnings m/m (USD) - It's a leading indicator of consumer inflation - when businesses pay more for the labor the higher costs are usually passed on to the consumer; 'Actual' greater than 'Forecast' is good for currency;

➡️ Non-Farm Employment Change (USD) - Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; Actual' greater than 'Forecast' is good for currency

➡️ Unemployment Rate (USD) - 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; 'Actual' less than 'Forecast' is good for currency;

➡️ ISM Manufacturing PMI - (USD) - 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;' Actual' greater than 'Forecast' is good for currency;