This week will see a reasonably busy news agenda, with the key items coming as key economic data releases for the U.S. Dollar including the Non-Farm Payrolls. There will also be important Canadian and Australian central bank guidance.
The market will probably be most active on Friday.
U.S. Dollar
It will be an important week for the greenback, starting on Tuesday with a release of ISM Non-Manufacturing PMI data, and continuing Wednesday with the ADP Non-Farm Employment Change forecast and Crude Oil Inventories. On Thursday we will get Unemployment Claims numbers. Finally, Friday will see the release of the Non-Farm Employment Change, the Unemployment Rate, and Average Hourly Earnings data.
Canadian Dollar
It will be an important week for the Loonie, starting on Tuesday with a release of Trade Balance data. On Wednesday, we will get the Bank of Canada’s Rate Statement and Overnight Rate.
Australian Dollar
It will be a busy week for the Aussie, starting on Tuesday with releases of Current Account and Retail Sales data, followed by the RBA Rate Statement and Cash Rate. On Wednesday, there will be a release of the GDP number. Finally, Thursday brings Trade Balance data.
British Pound
It will be an active week for the Pound, starting on Monday with the release of Construction PMI data. Tuesday sees the release of Services PMI data. Finally, on Friday we will get manufacturing production numbers.
Euro
It will be a quiet week for the Euro, with nothing due except the President of the ECB giving a press conference at the Bank for International Settlements on Thursday.
New Zealand Dollar
It will be a very quiet week for the Kiwi, with nothing due except the Governor of the RBNZ giving a speech on Tuesday.