This week is likely to see a very active market, with crucial U.S., British, and Swiss Central Bank input due, as well as another key Brexit vote in the British Parliament which is likely to finally determine whether the U.K. will be leaving the E.U. within the foreseeable future. Volatility is likely to be higher than it was last week.
The market is likely to be most active on Wednesday and Thursday.
Thursday is a public holiday in Japan.
U.S. Dollar
It will be a very important week for the Dollar, all happening on Wednesday with the FOMC Economic Projections, Statement, and Federal Funds Rate, followed by the usual press conference.
British Pound
It will be an extremely important week for the British Pound, starting on Tuesday with a release of Average Earnings Index data, followed later that day by the British Parliament’s final vote on whether to approve the Brexit deal offered by the European Union. On Wednesday, there will be a release of CPI (inflation) data. Thursday will see Retail Sales numbers followed by the Bank of England’s releases of its Official Bank Rate, Monetary Policy Summary, and Rate Votes.
Swiss Franc
It will be an important week for the Swissie, with all the activity due on Thursday, with the release of the quarterly Swiss National Bank’s Monetary Policy Assessment, followed by the usual press conference.
Australian Dollar
It will be an important week for the Aussie, starting on Tuesday with the release of the Reserve Bank of Australia’s Monetary Policy Meeting Minutes. On Thursday we will get Employment Change and Unemployment Rate data.
Canadian Dollar
It will be an important week for the Loonie, with CPI and Core Retail Sales data releases due on Friday.
New Zealand Dollar
It will be an important week for the Kiwi, with a release of GDP data due on Thursday.
Euro
It will be a normal week for the Euro, starting on Thursday with the E.U. Economic Summit, followed on Friday by French and German Flash Services and Manufacturing data releases.