This week is likely to see considerably more activity than last week, with central bank input due for the U.S. Dollar and the Euro as well the New Zealand Dollar. The most important data releases concern the U.S. and Canadian Dollars.
The market is likely to be most active on Wednesday.
U.S. Dollar
It will be an important week for the U.S. Dollar starting on Tuesday with a release of CB Consumer Confidence data. Wednesday brings Preliminary GDP data and a minor speech by the Chair of the Federal Reserve. On Thursday we will get the recent FOMC Meeting Minutes.
Euro
It will be an important week for the Euro, starting on Monday with the President of the ECB testifying before the European Parliament on economic and monetary policy. He will also be giving a minor speech on Thursday.
Canadian Dollar
It will be an important week for the Loonie, with GDP data due on Friday.
New Zealand Dollar
It will be a busy week for the Kiwi, starting with a release of Retail Sales data on Monday. On Tuesday the RBNZ will release their Financial Stability Report followed by the usual press conference and testimony before Parliament. On Thursday we will get ANZ Business Confidence data.
British Pound
It will be a relatively quiet week for the Pound, with a minor speech from the Governor of the Bank of England scheduled for Monday followed by Bank Stress Test results on Wednesday.
Australian Dollar
It will be a relatively quiet week for the Aussie, with nothing due except a minor speech from the Governor of the RBA scheduled for Monday and a release of Private Capital Expenditure data on Thursday.
