This week is likely to see a lower level of market activity than last week, with central bank input due Reserve Bank of New Zealand, in addition to scheduled testimony from the President of the ECB and a press conference by the FOMC.
The market is likely to be most active on Thursday.
Monday is a public holiday in Japan.
It will be an important and busy week for the greenback, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday, we will get Crude Oil Inventories numbers. Thursday brings important Final GDP data and the FOMC Press Conference. Finally, on Friday we will get Core Durable Goods Orders and Personal Spending data.
New Zealand Dollar
It will be a quiet but important week for the Kiwi, with everything happening on Wednesday when we will get the RBNZ Official Cash Rate and Rate Statement.
It will be a busy week for the Euro, starting on Monday with releases of French and German Flash Services PMI and German Flash Manufacturing PMI. Later that day the President of the ECB will be testifying before the European Parliament. He will also be giving a minor speech on Thursday.
It will be a very quiet week for the Yen, with nothing due except a minor speech from the Governor of the Bank of Japan on Tuesday.
It will be a very quiet week for the Pound, with nothing due except a minor speech from the Governor of the Bank of England on Thursday.
It will be a very quiet week for the Aussie, with nothing due except a minor speech from the Governor of the Reserve Bank of Australia on Tuesday.
It will be a reasonably important week for the Loonie, starting with a release of CPI (inflation) data on Wednesday. On Friday we will get a release of Core Retail Sales data.