The coming week ahead is likely to be relatively quiet, as there are no central bank actions or inputs scheduled for this week (with the exception of a speech from the Chair of the Swiss National Bank), and the week overall is light on high-impact news releases. Thursday will probably be the key day as it will see the most crucial USD-related data, as well as also featuring high-impact events concerning both the British Pound and Australian Dollar. However the week as a whole should be driven essentially by USD-related issues.

U.S. Dollar

It should be a relatively busy week for the Greenback. On Tuesday there will be a release of CB Consumer Confidence data, followed Wednesday by Crude Oil Inventories. On Thursday there will be releases of Unemployment Claims and Core Durable Goods Orders. Finally, on Friday we will get Preliminary GDP numbers.

Euro

It looks like being a very quiet week for the Euro, with nothing due except German IFO Business Climate data on Tuesday.

British Pound

It looks like being a very quiet week for the Pound, with nothing due except Second Estimate GDP on Thursday.

Australian Dollar

It looks like being a very quiet week for the Aussie, with nothing due except Private Capital Expenditure data on Thursday.

Swiss Franc

It looks like being a very quiet week for the Swissy, with nothing due except a speech on Monetary Policy from the Chair of the Swiss National Bank on Tuesday.