This week will be dominated by high-impact U.S. data, including one of the primary market highlights of the month, Non-Farm Payrolls. There will also be important Central Bank Input from Britain and Australia. Therefore, volatility this week should be at least as high as it was last week.
The market will probably be most active on Thursday and Friday.
It will be a public holiday in Switzerland on Tuesday.
U.S. Dollar
It will be an important and busy week for the greenback, starting on Tuesday with a release of ISM Manufacturing data. Wednesday will bring the ADP Non-Farm Employment Change forecast, as well as Crude Oil Inventories data. There will be a release of Unemployment Claims and ISM Non-Manufacturing PMI numbers on Thursday. Finally, Friday will bring releases of the Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings data.
British Pound
It will be an important week for the British Pound, starting on Tuesday with a release of Manufacturing PMI data. On Wednesday, we will get Construction PMI numbers. Thursday brings the week’s crucial releases: the Bank of England Inflation Report, Monetary Policy Summary, Official Bank Rate & Votes, followed by the usual Press Conference with the Governor of the Bank.
Australian Dollar
It will be an important week for the Aussie, starting on Tuesday with the release of the RBA Rate Statement. On Thursday, we will get Trade Balance data. Finally, on Friday there will be a release of the RBA Monetary Policy Statement and Retail Sales data.
Canadian Dollar
It will be a reasonably quiet week for the Loonie, with nothing due except Trade Balance, Employment Change, and Unemployment Rate data on Friday.
New Zealand Dollar
It will be a quiet week for the Kiwi, with nothing due except Employment Change and Unemployment Rate data on Wednesday.