Weekly Market Overview

This week's forex market news update covers the HIGH impact economic calendar releases most relevant to the world's most traded pairs. It is a quiet week overall, with Thursday carrying the only scheduled HIGH impact releases. Beginner traders should still check release times in GMT+8 before trading, even in a lighter week.

Main Analysis

Sep 24 news: Australia's Jobs Report and the SNB Rate Decision

Australia's Employment Change and Unemployment Rate land together at 9:30am GMT+8 on Thursday, the main labour market update of the week. The Swiss National Bank then announces its Policy Rate and Monetary Policy Assessment at 3:30pm GMT+8, followed by a press conference at 4:00pm. A stronger than expected Australian jobs report may support the Australian dollar, while a hawkish SNB may lift the Swiss franc.

Key Takeaway

This is a light week for HIGH impact data, with Thursday's Australian jobs report and the SNB's rate decision the main events to watch. US Crude Oil Inventories on Wednesday at 10:30pm GMT+8 may also stir short term moves in oil linked pairs. Follow Lirunex for more weekly market updates.

Ready for the Market's Next Move?

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Risk Disclaimer: This article is for informational purposes only and is not investment advice. Demo results may differ from live trading. Forex and CFD trading involve significant risk of loss. Past performance is not indicative of future results. High-impact events may cause sharp volatility, wider spreads and sudden price movements. Please understand the risks before trading.