This week will see a somewhat heavier news agenda, with some major central bank input from the U.S. Federal Reserve and the European Central Bank, and a few economic data items of importance concerning primarily the U.S.A.
The market will probably be most active on Wednesday and Frisday.
It will be a reasonably busy week for the greenback, starting on Tuesday with a release of Core Durable Goods Orders and Consumer Confidence data, as well as testimony before Congress by the Chair of the Federal Reserve. On Wednesday we will get Preliminary GDP and Crude Oil Inventories data, followed on Thursday with ISM Manufacturing PMI numbers and more testimony from the Chair.
It will be an important week for the Pound, starting on Thursday with a release of Manufacturing PMI data, followed by Construction PMI numbers on Friday as well as speeches that day by the Governor of the Bank of England and the Prime Minister.
It will be a quiet week for the Euro, with nothing due except testimony from the President of the ECB before the European Parliament on Monday.
It will be a quiet week for the Loonie, with nothing due except GDP data on Friday.
It will be a quiet week for the Loonie, with nothing due except Private Capital Expenditure data on Thursday.
New Zealand Dollar
It will be a quiet week for the Kiwi, with nothing due except ANZ Business Confidence data on Wednesday.