This week will see a somewhat heavier news agenda than last week, with the key economic data input coming from the U.S.A., Europe, and Canada. There is Central Bank input due from the European Central Bank and the Bank of Canada only. The market will probably be most active on Wednesday and Friday.
U.S. Dollar
It will be a relatively important week for the greenback starting on Wednesday with releases of Core Durable Goods Orders and Crude Oil Inventories data. On Thursday we will get Unemployment Claims numbers. Finally, Friday will bring important Advance GDP data.
Euro
It will be an important week for the Euro, with the Minimum Bid Rate and monthly guidance press conference at the ECB on Thursday.
Canadian Dollar
It will be an important week for the Loonie, with everything happening on Wednesday when the Bank of Canada release their Monetary Policy Report, Rate Statement, and Overnight Rate, followed by the usual press conference.
British Pound
It will be a quiet week for the Pound, with nothing due except Preliminary GDP data on Wednesday.
Australian Dollar
It will be a quiet week for the Aussie, with nothing due except CPI data on Wednesday.
