This week is likely to see less market activity than last week, with important central bank input due concerning only the New Zealand Dollar. There will also be releases of important U.S and Canadian GDP data.
The market is likely to be most active on Thursday.
U.S. Dollar
It will be an important week for the Dollar, starting on Tuesday with a release of CB Consumer Confidence data, and a minor speech by the Chair of the Federal Reserve. On Wednesday we will get Core Durable Goods Orders. Finally, Thursday will bring the Final GDP number.
New Zealand Dollar
It will be an important week for the Kiwi, starting on Wednesday with releases of the RBNZ Rate Statement and the Official Cash Rate. On Thursday we will get a release of ANZ Business Confidence data.
Canadian Dollar
It will be a normal week for the Loonie, with everything happening on Friday with releases of GDP data and the Bank of Canada’s Business Outlook Survey.
British Pound
It will be a quiet week for the Pound, with nothing due except Inflation Report Hearings on Wednesday and Current Account data on Friday.
Australian Dollar
It will be a quiet week for the Aussie, with nothing due except Governor of the RBA giving a minor speech on Monday.