Weekly Economic & Political Timeline

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This week is likely to see a similar level of market activity compared to last week, with no central bank input due at all concerning any of the major global currencies.

The market is likely to be most active on Thursday.

U.S. Dollar

It will be a busy and significant week for the greenback, starting on Monday with a release of Core Durable Goods Orders. On Tuesday, we will get CB Consumer Confidence data. Wednesday will bring Crude Oil Inventories. On Thursday, we will get important Preliminary GDP data. Finally, on Friday there will be a release of Personal Spending numbers.

Chinese Yuan

It will be a quiet yet significant week for the Yuan, with nothing due except Manufacturing PMI data due on Saturday.

Canadian Dollar

It will be a quiet yet important week for the Loonie, with everything happening on Friday with a release of GDP data.

Australian Dollar

It will be a normal week for the Aussie, starting with Private Capital Expenditure data on Thursday, and ending with a release of Building Approvals numbers on Friday.

New Zealand Dollar

It will be a quiet week for the Kiwi, with nothing due except ANZ Business Confidence data on Thursday.

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.
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