This week is likely to see a similar level of activity to last week, with central bank input due for the U.S., Australian, and New Zealand Dollars. There will also be key data regarding the British Pound.
The market is likely to be most active on Thursday and Friday.
U.S. Dollar
It will be an important week for the U.S. Dollar, starting with a release of ISM Non-Manufacturing PMI data on Monday. On Thursday we will get the FOMC Statement and Federal Funds Rate. Finally, on Friday we will see PPI numbers.
Australian Dollar
It will be an important week for the Aussie, starting with the RBA Rate Statement on Tuesday. On Friday we will get the RBA’s Monetary Policy Statement.
New Zealand Dollar
It will be an important week for the Kiwi, starting on Wednesday with Employment Change, Unemployment Rate, and Inflation Expectations data. On Thursday we will get the RBNZ’s Monetary Policy Statement, Rate Statement, and Official Cash Rate, followed by the usual press conference.
British Pound
It will be an important week for the British Pound, starting with Services PMI data on Monday. On Friday we will get GDP and Manufacturing Production data.
Canadian Dollar
It will be a very quiet week for the Loonie, with nothing due except the Governor of the Bank of Canada giving a minor speech on Monday.
