This week will see the release of some big news, with central bank input due from the FOMC, as well as key U.S. Non-Farm Payrolls data. The Reserve Bank of Australia will also be reporting.
The market will probably be most active on Wednesday and especially Friday.
Monday is a public holiday in Japan and China, while Tuesday is a holiday in China, Switzerland, France and Germany. Japan will also be on holiday on Thursday and Friday.
U.S. Dollar
It will be a very important week for the greenback, starting on Tuesday with a release of ISM Manufacturing PMI data. On Wednesday we will get the FOMC Statement and Federal Funds Rate, as well as the ADP Non-Farm Employment Change and Crude Oil Inventories numbers, followed by ISM Non-Manufacturing PMI data on Thursday. Finally, Friday will see the most important data – the Non-Farm Employment Change, Average Hourly Earnings, and the Unemployment Rate.
Australian Dollar
There will be some important data released this week for the Aussie, starting on Tuesday with a release of the RBA Rate Statement. There will be a release of Trade Balance data on Thursday, followed by the release of the RBA Monetary Policy Statement on Friday.
British Pound
It will be a relatively important week for the Pound, starting with a release of Manufacturing PMI data on Tuesday, followed by Construction PMI on Wednesday. Finally, there will be a release of Services PMI data on Thursday.
Canadian Dollar
It will be a relatively important week for the Loonie, with GDP data due on Tuesday. There will be a release of Trade Balance data on Thursday.
New Zealand Dollar
It will be a reasonably busy week for the Loonie, starting on Monday with the release of ANZ Business Confidence numbers. On Wednesday we will get Unemployment Change and Unemployment Rate data.