This week is likely to see either a little less or a similar level of market activity to last week, with central bank input due concerning the Australian and New Zealand Dollars.
The market is likely to be most active on Friday.
Monday is a public holiday in Australia and Canada.
U.S. Dollar
It will be a very quiet week for the Dollar, with nothing due except ISM Non-Manufacturing PMI data on Monday.
Australian Dollar
It will be an important week for the Aussie, starting on Tuesday with the RBA’s releases of its Rate Statement and Cash Rate following Monday’s public holiday. The Governor of the RBA will be testifying before Parliament on Friday, and later that same day we will get the RBA’s Monetary Policy Statement.
New Zealand Dollar
It will be an important week for the Kiwi, starting on Tuesday with releases of the Unemployment Rate and Employment Change data. On Wednesday we will get the RBNZ’s Official Cash Rate, Monetary Policy Statement, and Rate Statement, followed by the usual press conference.
British Pound
It will be an important week for the Pound, with everything scheduled for Friday: we will get releases of crucial GDP data and Manufacturing Production numbers.
Canadian Dollar
It will be a relatively quiet week for the Loonie, with nothing due except a release of Unemployment Rate and Employment Change data on Friday.