There will be a similarly light news schedule this week, compared to last week which was quite light. The only central bank input expected this week is from the U.S.A. with the Chair of the Federal Reserve testifying before the U.S. Congress. Apart from that, the week will most probably be dominated by some significant U.S. economic data releases staggered from Tuesday to Thursday.
The market is likely to be most active on Wednesday and Thursday.
U.S. Dollar
It will be a reasonably busy week for the greenback after a slow start, beginning on Tuesday, with the release of PPI data and testimony from the Chair of the Federal Reserve. Wednesday will see continuing testimony, as well as the release of CPI, Retail Sales, and Crude Oil Inventories numbers. Finally, on Thursday we will have the Philly Fed Manufacturing Index, Unemployment Claims, and Building Permits data.
British Pound
It will be a reasonably busy week for the Pound, starting on Tuesday with a release of CPI data. Wednesday brings Average Earnings Index and Claimant Count Change numbers. Finally, on Friday we will get a release of Retail Sales data.
Chinese Yuan
Tuesday will see a release of CPI data.
Euro
It will be a light week for the Euro, with nothing due except German Preliminary GDP data on Tuesday.
Japanese Yen
It will be a light week for the Yen, with nothing due except Preliminary GDP data on Monday.
Canadian Dollar
It will be a light week for the Loonie, with nothing due except Manufacturing Sales data on Wednesday.
Australian Dollar
It will be a light week for the Aussie, with nothing due except Employment Change and Unemployment Rate data on Thursday.
New Zealand Dollar
It will be a light week for the Kiwi, with nothing due except Retail Sales data on Thursday.
