Weekly Economic & Political Timeline - 18 June 2017

There are few high-impact news items scheduled this week, with a much sparser agenda than last week. However, a delayed reaction to last week’s rate hike by the FOMC may produce some volatility in the U.S. Dollar, although volatility should be expected to be relatively low over the coming week.

The market will probably be most active on Tuesday.

 

U.S. Dollar

It will be a very slow week for the greenback, with nothing due except Crude Oil Inventories on Wednesday and Unemployment Claims Thursday.

 

Australian Dollar

It will be an important week for the Aussie, with the Governor of the Reserve Bank of Australia speaking in a panel discussion on Monday, followed by the release of Monetary Policy Meeting Minutes on Tuesday.

 

New Zealand Dollar

It will be an important week for the Kiwi, with the release of the Reserve Bank of New Zealand’s Rate Statement and Official Cash Rate on Wednesday.

 

British Pound

It will be an interesting week for the Pound, with the Governor of the Bank of England speaking about the British economy on Tuesday, during which he may touch on monetary policy.

 

Canadian Dollar

Not much from the Loonie this week, with Core Retail Sales data due on Thursday and CPI data on Friday.

 

Swiss Franc

It will be a quiet week for the Swissie, with the Swiss National Bank’s Chair participating in a panel discussion on Tuesday.

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.