This week will see a news agenda of average weight, with the key items coming as key economic data releases for the U.S. Dollar. There will also be important Japanese and Australian central bank input.
The market will probably be most active on Thursday.
U.S. Dollar
It will be an important week for the greenback, starting on Tuesday with a release of Building Permits data, and continuing Wednesday with Crude Oil Inventories. On Thursday we will get the highlight of the week: Final GDP data and Unemployment Claims numbers. Finally, Friday will see the release of Core Durable Goods Orders.
Japanese Yen
It will be an important week for the Yen, starting on Thursday with a release of the Bank of Japan’s Monetary Policy Statement, Policy Rate, and the usual Press Conference afterwards.
Australian Dollar
It will be a reasonably important week for the Aussie, as there will be a release of the Reserve Bank of Australia’s Monetary Policy Meeting Minutes on Tuesday.
Canadian Dollar
It will be an important week for the Loonie, starting on Thursday with a release of CPI and Core Retail Sales data. On Friday, we will get GDP data.
British Pound
It will be a light week for the Pound, starting on Wednesday when the Governor of the Bank of England testifies before Parliament about the Financial Stability Report. Finally, on Friday we will get Current Account numbers.
New Zealand Dollar
It will be a very light yet important week for the Kiwi, with nothing due except GDP data on Wednesday.
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