This week will see a very heavy news agenda, with the key Central Bank input coming from the U.S.A. and Japan and the U.K. It will be an extremely important week for the U.S. Dollar, with three major items coming that will have a major effect upon monetary policy. There are few weeks with a bigger agenda than this week. The market will be most active from Wednesday to Friday.

U.S. Dollar

It will be an extremely important week for the greenback starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday we will get the ADP Non-Farm Employment Change forecast, ISM Manufacturing PMI, Crude Oil Inventories, and the FOMC Statement and Federal Funds Rate. Thursday will bring a release of Unemployment Claims data. Finally, on Friday there will be releases of the Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings, and ISM Non-Manufacturing PMI data.

Japanese Yen

It will be an important week for the Yen, with the Bank of Japan releasing its Monetary Policy Statement, Outlook Report and Policy Rate, followed by the usual press conference, on Tuesday.

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.

British Pound

It will be an important week for the Pound, starting on Wednesday with a release of Manufacturing PMI data. On Thursday, following the release of Construction PMI numbers, the Bank of England will release their Monetary Policy Summary, Inflation Report, and Official Bank Rate and Votes, and the Governor of the Bank will speak following the release. Finally, Friday will see a release of Services PMI data.

Canadian Dollar

It will be an important week for the Loonie, starting on Tuesday with the release of GDP data, followed by the Governor of the Bank of Canada testifying before Parliament that day and on Wednesday. On Friday there will be releases of the Employment Change, Trade Balance, and Unemployment Rate numbers.