By: DailyForex
This week will see a somewhat heavier news agenda compared to last week, with central bank input from the Bank of Canada and the Reserve Bank of New Zealand, plus major U.S. GDP and Employment data releases.
The market will probably be most active on Friday.
Monday is a public holiday in the U.K. and the U.S.A.
U.S. Dollar
It will be an important and busy 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 and Preliminary GDP data. Thursday will bring Crude Oil Inventories numbers. Finally, on Friday we will see the crucial Non-Farm Employment Change, Average Hourly Earnings, and Unemployment Rate data, as well as ISM Manufacturing PMI data.
Canadian Dollar
It will be an important week for the Loonie, starting on Wednesday with the releases of the Bank of Canada’s Rate Statement and Overnight Rate. Thursday will bring a release of GDP data.
New Zealand Dollar
It will be an important week for the Kiwi, starting with the RBNZ Financial Stability Report due on Wednesday with accompanying testimony from the Governor. Thursday will see the release of ANZ Business Confidence data.
British Pound
It will be a quiet week for the Pound, with nothing due except Manufacturing PMI data on Friday.
Australian Dollar
It will be a quiet week for the Pound, with nothing due except Private Capital Expenditure data on Thursday.
Swiss Franc
It will be a very quiet week for the Swissie, with nothing due except a minor speech from the Chair of the SNB on Wednesday.
Japanese Yen
It will be a very quiet week for the Yen, with nothing due except a minor speech from the Governor of the Bank of Japan on Wednesday.