It should be a relatively quiet news week for the important global currencies, with little scheduled for any currency except the U.S. Dollar, which can be expected to remain in focus. The Japanese Yen, Swiss Franc and Australian Dollar have no high-impact events scheduled this week at all.
U.S. Dollar
It looks like a fairly busy week ahead for the U.S. Dollar with plenty of economic data and the Chair of the Federal Reserve speaking. Tuesday will see CPI and New Home Sales data releases, followed by Core Durable Goods Orders on Wednesday, Unemployment Claims on Thursday, and Final GDP on Friday. Also on Friday the Chair of the Federal Reserve will be speaking at a conference on a topic which could invite some potentially controversial remarks.
Euro
This week’s focus for the Euro is spread across several days. On Monday the President of the European Central Bank will testify on monetary policy before the European Parliament. Tuesday will see the release of French and German Flash Manufacturing data, and on Wednesday the results of the German IFO Business Climate survey will be released.
[CAD:FXAcademy CTA #121]British Pound
It should be a quieter week ahead for the British Pound following last week’s dramas. On Tuesday there will be a release of CPI data and on Thursday there will be an announcement of Retail Sales Data. On Friday, the Governor of the Bank of England will be speaking at a minor conference.
New Zealand Dollar
A quiet week ahead with only Trade Balance data expected on Tuesday.
Canadian Dollar
A quiet week ahead with only the Governor of the Bank of Canada speaking at a minor conference on Thursday.