The coming week ahead is likely to be quite similar to last week in terms of the volume and likely impact of due data. There is a fair amount of crucial U.S. economic data including the vital Non-Farm Payrolls, and also monthly central bank statements concerning the British Pound and Australian Dollar. With more central banks signaling easing rather than tightening of monetary policy, any similar signals this week could cause further impact in the Forex market.

U.S. Dollar

This is going to be a busy week for the Greenback starting on Monday with ISM Manufacturing PMI. Wednesday will see the releases of ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI and Crude Oil Inventories. Thursday will see the release of Unemployment Claims data. The week ends with a bang on Friday with the Non-Farm Employment Change, Unemployment Rate and Average Hourly Earnings data.

British Pound

It will be an important week for the British Pound, with the Bank of England’s Monetary Policy Summary, Official Rate, Inflation Report and MPC Votes all being released on Thursday. There are also releases due for every earlier day in the week. Monday will see the release of Manufacturing PMI data, Construction PMI on Tuesday and Services PMI on Wednesday.

Australian Dollar

This is going to be a big week for the Aussie with the RBA’s Monetary Policy Statement and Retail Sales data due on Friday. The week begins on Tuesday with the important RBA Rate Statement and Cash Rate releases. Wednesday will see the release of Building Approvals and Trade Balance data.

New Zealand Dollar

This is going to be quite a busy week for the Kiwi, although it all happens only on Tuesday with releases due for the GDT Price Index, Employment Change and Unemployment Rate data. Later that day the Governor of the RBNZ will be speaking.

Canadian Dollar

There is nothing due for the Loonie until Friday’s important releases of Trade Balance, Employment Change and Unemployment Rate data.

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