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Weekly Economic and Political Timeline

By Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

This week will see some key activity, with central bank input from the U.S. Federal Reserve and U.S. Non-Farm Payrolls data due.

The market is likely to be most active on Wednesday and Friday.

Monday is a public holiday in Australia.

U.S. Dollar

It will be a busy and very crucial week for the Dollar, starting with a release of CB Consumer Confidence data on Tuesday. Then on Wednesday we will get the FOMC Statement, Federal Funds Rate, and the FOMC Press Conference. Finally, Friday will see the release of Average Hourly Earnings, Non-Farm Employment Change, and Unemployment Rate data, follows by ISM Manufacturing PMI numbers.

Canadian Dollar

It will be a quiet but significant week for the Loonie, with GDP data due on Thursday.

Australian Dollar

It will be a quiet but significant week for the Aussie, with nothing due except CPI data on Wednesday.

Euro

It will be a quiet week for the Euro, with nothing due except testimony from the President of the ECB before the European Parliament on monetary policy on Monday.

British Pound

It will be a quiet week for the British Pound, with nothing due except a minor speech by the Governor of the Bank of England due on Monday.

Adam Lemon
About Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

 

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