This week is likely to see a less active market, with central bank input due only from the RBNZ, as well as more Brexit drama and some important economic data for the U.S. and Canadian Dollars. Volatility is likely to be lower than it was last week unless something very dramatic happens with Brexit.
The market is likely to be most active on Thursday and Friday.
U.S. Dollar
It will be an important week for the Dollar, starting on Tuesday with a release of CB Consumer Confidence data, and ending with the release of the Final GDP number on Thursday.
New Zealand Dollar
It will be an important week for the Kiwi, with a release of the RBNZ Rate Statement and Official Cash Rate due on Wednesday. On Thursday there will be a release of ANZ Business Confidence numbers followed by an important speech on Monetary policy by the Governor of the RBNZ.
British Pound
It might be an extremely important week for the British Pound, with a possible resolution of Brexit if the British Parliament votes for it – under U.K. law if Parliament does nothing before Friday, the U.K. leaves the E.U. without a deal on Friday. That day will also see a release of Current Account data.
Canadian Dollar
It will be an important week for the Loonie, with Trade Balance data due on Wednesday followed by GDP data on Friday.
Euro
It will be a quiet week for the Euro, with nothing due except a minor speech from the President of the ECB on Wednesday.