There will be a much heavier news schedule this week compared to last week, which includes crucial central bank input from the Federal Reserve concerning the U.S. Dollar (the monthly FOMC statement), as well as a key U.S. data tranche. The Reserve Bank of Australia will also be releasing its Monetary Policy Meeting Minutes.
The key days this week are likely to be Wednesday (FOMC release) and Tuesday (slew of U.S. data plus RBA release).
Monday is a public holiday in France and Italy.
U.S. Dollar
It will be a crucial week for the Greenback, dominated by the release on Wednesday of the FOMC Meeting Minutes, as well as Crude Oil Inventories data. Earlier, on Tuesday, we will get CPI and Building Permits numbers. Finally, Thursday will see the release of Unemployment Claims and the Philly Fed Manufacturing Index.
Australian Dollar
It will be a fairly important week for the Aussie, dominated by the release of the RBA’s Monetary Policy Meeting Minutes on Tuesday. On Thursday we will get data for the Unemployment Rate and Employment Change numbers.
New Zealand Dollar
It will be a fairly busy week for the Kiwi, focused on Tuesday and Wednesday seeing releases of the GDT Price Index, Employment Change, Unemployment Rate and PPI Input data.
British Pound
It will be a moderately busy week for the Pound, starting on Tuesday with the release of CPI data. On Wednesday we will see Average Earnings Index and Claimant Count Change numbers, followed on Thursday by Retail Sales data.
Canadian Dollar
It will be a moderate week for the Loonie, starting on Tuesday with a release of Manufacturing Sales data. On Friday we will get Core CPI and Core Retails Sales numbers.
Euro
It will be a very light week for the Euro, with nothing due except German ZEW Economic Sentiment data on Tuesday.
Japanese Yen
It will be a very light week for the Yen, with nothing due except Preliminary GDP data on Monday.
