Weekly Economic and Political Timeline

This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the U.S., Canadian, and Australian Dollars.

The market is likely to be most active on Friday.

U.S. Dollar

It will be an important week for the U.S. Dollar starting on Monday with a release of ISM Manufacturing PMI data. Wednesday brings testimony before Congress from the Chair of the Federal Reserve, as well as ISM Non-Manufacturing PMI numbers. On Friday he will be giving a minor speech, and later that day we will also get the Non-Farm Employment Change, Average Hourly Earnings, and Unemployment Rate data releases.

Canadian Dollar

It will be an important and busy week for the Loonie, starting on Wednesday when the Bank of Canada release their Rate Statement and Overnight Rate. On Thursday we will get Trade Balance data, as well as a speech by the Governor of the Bank of Canada. Finally, on Friday there will be releases of Employment Change and Unemployment Rate data.

Australian Dollar

It will be an important and busy week for the Aussie, starting on Tuesday with the release of the RBA Rate Statement. On Wednesday we will get GDP data. Thursday brings Retail Sales numbers.

British Pound

It will be a relatively quiet week for the Pound, with nothing due except testimony on Brexit before Parliament by the Governor of the Bank of England on Tuesday.

Euro

It will be a quiet week for the Euro, with nothing due except a minor speech by the President of the European Central Bank on Wednesday.

Adam is a Forex trader who has worked within financial markets for over 12 years, including 6 years with Merrill Lynch. He is certified in Fund Management and Investment Management by the U.K. Chartered Institute for Securities & Investment. Learn more from Adam in his free lessons at FX Academy.