Consumer Credit Change

  • Time:  10:00:00 PM
  • Efficiency:  Low
  • Definition/ EN: It Measures Change in the total value of outstanding consumer credit that requires instalment payments
  • Effect: If the actual announcement came out higher than the forecasted, it will affect the dollar positively & vice versa 

Balance of Trade DEC

  • Time:  3:30:00 PM
  • Efficiency:  High 
  • Definition/ EN: It is the difference between the value of the country's exports and the value of the country's imports for a given period 
  • Effect: if the actual announcement came out higher than the forecasted, it will affect the dollar positively & vice versa 

IBD/TIPP Economic Optimism FEB

  • Time: 5:00:00 PM
  • Efficiency: High 
  • Definition/ EN: Economic optimism index rates the relative economic conditions including the six-month economic outlook, personal financial outlook and confidence in federal economic policies. A level above 50.0 indicates optimism; below indicates pessimism.
  • Effect: If the actual announcement came out higher than the forecasted, it will affect dollar positively & vice versa 

Wholesale Inventories MoM DEC

  • Time:  5:00:00 PM
  • Efficiency: Medium
  • Definition/ EN: The stock of unsold goods held by wholesalers. Inventories are a key component of gross domestic product changes. A high inventory points to the economic slowdown in the US, while a low reading points to stronger growth.
  • Effect: If the actual announcement came out lower than the forecasted, it will affect the dollar positively & vice versa.

10-Year Note Auction

  • Time:  8:00:00 PM
  • Efficiency: Medium
  • Definition/ EN: Index based on recent auctions of U.S. Treasury bills and is commonly used as a benchmark when determining interest rates, such as mortgage rates.
  • Effect: No consistent effect - there are both risk and growth implications
    The first number is the highest interest rate of the bonds sold, and the second number is the bid to cover the ratio.

Core Inflation Rate YoY Jan

  • Time:  3:30:00 PM
  • Efficiency: High 
  • Definition/ EN: It tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs.
  • Effect: if the actual announcement came out higher than the forecasted, it will affect the dollar positively & vice versa

Inflation Rate YoY Jan

  • Time:  3:30:00 PM
  • Efficiency: High 
  • Definition/ EN: It measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
  • Effect: if the actual announcement came out higher than the forecasted, it will affect the dollar positively & vice versa

Initial Jobless Claims FEB

  • Time:  3:30:00 PM
  • Efficiency: High 
  • Definition/ EN: It measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
  • Effect: A higher than forecasted reading should be taken as negative/bearish for the USD, while a lower than forecasted reading should be taken as positive/bullish for the USD.

Monthly Budget Statement JAN

  • Time: 9:00:00 PM
  • Efficiency: Medium
  • Definition/ EN: The Federal Budget Balance measures the difference in value between the federal government's income and expenditure during the reported month. A positive number indicates a budget surplus, a negative number indicates a deficit.
  • Effect: If the actual announcement came out lower than the forecasted, it will affect the dollar positively & vice versa.

Michigan Consumer Sentiment Prel FEB

  • Time:  5:00:00 PM
  • Efficiency: High 
  • Definition/ EN:  The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term.
  • Effect: If the actual announcement came out higher than the forecasted, it will affect the dollar positively & vice versa. 

Fed Monetary Policy Report

  • Time:  5:00:00 PM
  • Efficiency: High 
  • Definition/ EN: This report containing discussions of "the conduct of monetary policy and economic developments and prospects for the future."
  • Effect: More hawkish than expected is good for currency