By: DailyForex.com
There are fewer high-impact news items scheduled this week, compared to last week. There is highly important central bank input due from the Bank of England and the Reserve Bank of New Zealand, as well as a slew of U.S. data at the end of the week.
The market will probably be most active on Thursday and Friday.
It will be a public holiday in France on Monday.
U.S. Dollar
It will be a moderately busy week for the greenback, beginning on Wednesday with a release of Crude Oil Inventories numbers. Thursday sees the release of Unemployment Claims and PPI data, followed on Friday by CPI, Retail Sales, and Preliminary UoM Consumer Sentiment.
British Pound
It will be an important week for the Pound, with everything happening on Thursday with releases of the Bank of England’s Monetary Policy Summary and Inflation Report, as well as the Official Bank Rate and Votes. There will also be a release of Manufacturing Production data.
New Zealand Dollar
It will be an important week for the Kiwi, with everything happening on Thursday with releases of the Reserve Bank of New Zealand’s Rate Statement and Official Cash Rate, followed by the usual Press Conference. The Governor of the Bank will subsequently be testifying before Parliament.
Australian Dollar
It will be a reasonably important week for the Aussie, starting on Tuesday with the release of Retail Sales data and the Government’s Annual Budget Release.
Chinese Yuan
Monday will see the release of Trade Balance data.
Euro
It will be a quiet week for the Euro, with nothing scheduled except the President of the European Central Bank speaking before the Dutch Parliament on Wednesday.