This week is likely to see a similar level of activity in the market, with central bank input due from the FOMC and the ECB, and there will also be important U.S. and British economic data releases, as well as more Brexit drama as the deadline for a final decision is approaching again. Volatility is likely to be perhaps higher than it was last week.
The market is likely to be most active on Wednesday and Thursday.
U.S. Dollar
It will be an important week for the Dollar, starting on Wednesday with releases of the FOMC Meeting Minutes and CPI (inflation) data. On Thursday we will get PPI numbers.
Euro
It will be an important week for the Euro, with the ECB’s Monetary Policy Statement and Main Refinancing Rate due on Wednesday. Legally, the U.K. is set to leave with no deal by default on 12th April.
British Pound
It might be an extremely important week for the British Pound, with a possible resolution of Brexit. Legally, the U.K. is set to leave with no deal by default on Friday. Earlier, on Wednesday, there will be releases of GDP and Manufacturing Production data.