This week is likely to see a higher level of market activity compared to last week, with central bank input due concerning the Canadian and Australian Dollars, plus U.S. Non-Farm Payrolls.
The market is likely to be most active on Friday.
Monday is a public holiday in both the U.S.A. and Canada.
U.S. Dollar
It will be an important week for the greenback, starting on Tuesday (after Monday’s public holiday) with a release of ISM Manufacturing PMI numbers. Thursday brings the ADP Non-Farm Employment Change and Crude Oil Inventories. Finally, on Friday we will get the actual Non-Farm Employment Change, Average Hourly Earnings, and the Unemployment Rate. The Chair of the Federal Reserve will be speaking after those releases.
Chinese Yuan
It will be a quiet yet significant week for the Yuan, with nothing due except Caixin Manufacturing PMI data on Monday.
Canadian Dollar
It will be a busy and important week for the Loonie after Monday’s public holiday, starting on Wednesday with releases of Trade Balance data and the Bank of Canada’s Rate Statement and Overnight Rate. Friday will bring Employment Change and Unemployment Rate data.
Australian Dollar
It will be a busy and important week for the Aussie, starting on Tuesday with releases of Retail Sales data as well as the RBA’s Cash Rate and Rate Statement. On Wednesday we will get GDP data.
British Pound
It will be a quiet week for the Pound, with nothing due except Inflation Report Hearings on Wednesday.
Swiss Franc
It will be a quiet week for the Swissy, with nothing due except a minor speech by the Chair of the SNB on Thursday.