This week is likely to see an increase in market activity, with central bank input due from the U.S. Federal Reserve and the Reserve Bank of Australia, as well a few items of crucial economic data for various currencies.
The market is likely to be most active on Wednesday.
Monday is a public holiday in the U.S.A.
U.S. Dollar
It will be an important week for the Dollar, starting with the release of FOMC Meeting Minutes on Wednesday. Then Core Durable Goods Orders data comes out on Thursday.
Australian Dollar
It will be an important and active week for the Aussie, starting on Tuesday with a release of the RBA’s Monetary Policy Meeting Minutes. On Wednesday we will get a release of Wage Price Index data. Thursday brings Employment Change and Unemployment Rate numbers. On Friday, the Governor of the RBA will be testifying before Parliament.
Euro
It will be a normal week for the Euro, starting on Thursday with the release of German Flash Services PMI numbers. On Friday the President of the ECB will be giving a minor speech.
British Pound
It will be a quiet week for the British Pound, with nothing due except Average Earnings Index data on Tuesday.
Canadian Dollar
It will be a relatively quiet week for the Loonie, starting on Thursday when the Governor of the Bank of Canada gives a minor speech. On Friday the following day, there will be a release of Core Retail Sales data.