This week will see a lighter news agenda than last week, with central bank input due from the Bank of England, The Swiss National Bank, and the Reserve Bank of Australia, plus major economic data releases primarily concerning the Canadian and New Zealand Dollars. There is also a meeting of OPEC taking place at the end of the week.
The market will probably be most active on Thursday.
Monday will be a public holiday in China.
U.S. Dollar
It will be a quiet week for the greenback, starting on Tuesday with a release of Building Permits data. On Wednesday we will get Crude Oil Inventories numbers, and the Chair of the Federal Reserve will be speaking at a forum event.
British Pound
It will be an important and busy week for the Pound, all happening on Thursday with the release of the Bank of England’s Monetary Policy Summary and Official Bank Rate, as well as the Official Bank Rate votes. The Governor of the Bank of England will be speaking later that day.
Swiss National Bank
It will be an important and busy week for the Swissie, all happening on Thursday with the release of the SNB Monetary Policy Assessment and LIBOR Rate, followed by the usual press conference.
Australian Dollar
It will be a fairly important week for the Aussie, starting on Tuesday with a release by the RBA of their Monetary Policy Meeting Minutes. The Governor of the RBA will also be speaking on Wednesday.
Canadian Dollar
It will be a relatively quiet week for the Loonie, all happening on Friday with a release of CPI data.
New Zealand Dollar
It will be a relatively quiet week for the Kiwi, all happening on Thursday with a release of GDP data.