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Weekly Economic & Political Timeline - 4 October 2015

This is going to be a busy and important week, with crucial Central Bank data coming for the USD, the British Pound, the Japanese Yen and the Australian Dollar. The USD is always important in the Forex market but it has entered a trendless period that is unlikely to change for a while, so the major focus will probably be more on the other aforementioned currencies.

U.S. Dollar

This will be a crucial and busy week for the greenback, with the highlight arriving on Thursday with the release of the FOMC Meeting Minutes after Unemployment Claims data. The week begins on Monday with the release of ISM Non-Manufacturing PMI. This is followed by Trade Balance data on Tuesday.

British Pound

The big day for the British Pound this week will fall on Thursday with releases of the Official Bank Rate, MPC Official Bank Rate Votes, and the Monetary Policy Summary, as well as public remarks later that day by the Governor of the Bank of England. The week will begin on Monday with Services PMI data, followed by Manufacturing Production data on Wednesday.

Japanese Yen

The big day for the Japanese Yen this week will fall on Wednesday with a release by the Bank of Japan of their monthly Monetary Policy Statement, followed by the customary press conference. There are no other high-impact data releases due.

Australian Dollar

The big day for the Aussie this week will fall on Tuesday with releases of the RBA Rate Statement, Cash Rate, and Trade Balance data. There are no other high-impact data releases due.

Canadian Dollar

It will be a fairly busy week ahead for the Loonie, beginning on Tuesday with the release of Trade Balance data, followed on Wednesday by Building Permits data. The week ends on Friday with the release of Employment Change and Unemployment Rate.

New Zealand Dollar

A fairly quiet week ahead for the Kiwi, with only NZIER Business Confidence and GDT Price Index data due on Tuesday.

Euro

A quiet week ahead for the Euro, with only the President of the ECB speaking on Tuesday.

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About Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

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