This week is likely to see a somewhat increased level of activity in the market compared to last week, with central bank input due from the Bank of Japan and the Bank of Canada, plus important U.S. GDP data.
The market is likely to be most active on Wednesday and Thursday, and maybe on Friday too if the Advance GDP data is surprising.
Monday will be a public holiday in almost every major market except in the U.S.A. and Japan.
It will be an important week for the Dollar, starting on Thursday with a release of Core Durable Goods Orders. On Friday we will get important Advance GDP data.
It will be an important week for the Yen, with everything happening on Thursday when the Bank of Japan’s Monetary Policy Statement and Outlook Report are released, followed by the usual press conference.
It will be an important week for the Loonie, with everything happening on Wednesday when the Bank of Canada’s Monetary Policy Report and Rate Statement and Overnight Rate are released, followed by the usual press conference.
It will be a quiet week for the Swissie, with the SNB Chair giving a minor speech on Friday.