There is a lighter news schedule this week, which includes input from central banks concerning the EUR and AUD.
Markets are still focused on the better than expected U.S. data last Friday which pushed the major U.S. equity index to a weekly close at an all-time high. Markets are quite active so it is likely to be a good trading market this week.
The key days this week are likely to be Tuesday and Thursday.
U.S. Dollar
It will be a fairly light week for the Greenback. Tuesday will see the release of Building Permits data. On Wednesday we will get Crude Oil Inventories data. Finally on Thursday there will be releases of the Philly Fed Manufacturing Index and Unemployment Claims numbers.
Euro
It will be an important week for the Euro, with the highlight arriving on Thursday with the release of the Minimum Bid Rate followed by the usual ECB Press Conference. Earlier on Tuesday there will be a release of German ZEW Economic Sentiment data.
Australian Dollar
It should be a relatively light but important week for the Aussie, with nothing due except Monetary Policy Meeting Minutes on Tuesday.
British Pound
It will be a busy week for the Pound, beginning on Tuesday with the release of CPI data. Wednesday will see the release of Average Earnings Index and Claimant Count Change data. On Thursday we will get Retail Sales numbers, and Manufacturing PMI is due on Friday.
Canadian Dollar
It will be a fairly quiet week for the Loonie, with nothing due except Core CPI and Retail Sales data on Friday.
New Zealand Dollar
It will be a fairly quiet week for the Kiwi, with nothing due except CPI data on Monday followed by GDT Price Index numbers on Tuesday.