Weekly Economic & Political Timeline

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.

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.