This week is likely to see more market activity compared to last week, with important central bank input due concerning the U.S. and Australian Dollars. The U.S. / China trade dispute is likely to continue to dominate the market’s focus.
The market is likely to be most active on Wednesday.
Monday will be a public holiday in Canada.
U.S. Dollar
It will be a relatively important week for the Dollar, starting on Tuesday with a minor speech from the Chair of the Federal Reserve. On Wednesday we will get the latest FOMC Meeting Minutes. Finally, Friday brings Core Durable Goods Orders numbers.
British Pound
It will be an important week for the Pound, starting on Tuesday with Inflation Report Hearings. On Wednesday we will get CPI (inflation) data. Finally, Friday will bring Retail Sales numbers.
Australian Dollar
It will be a relatively important week for the Aussie, starting on Tuesday with a release of the RBA’s Monetary Policy Meeting Minutes. On Wednesday, the Governor of the RBA will be giving a minor speech.
Canadian Dollar
It will be a quiet week for the Loonie, all happening on Wednesday with a release of Core Retail Sales data.
Euro
It will be a quiet week for the Euro, all happening on Thursday with releases of French and German Flash Services PMI data and German Flash Manufacturing PMI data too.