This week will have a much lighter news agenda than last week. The agenda will be dominated by only a few items of high-impact U.S. data towards the end of the week, as well as the monthly reporting from the Reserve Bank of New Zealand. Therefore, volatility this week should be considerably lower than it was last week.

The market will probably be most active on Thursday and Friday.

It will be a public holiday in Australia and Canada on Monday and in Japan on Friday.

U.S. Dollar

It will be a fairly normal week for the greenback, starting on Wednesday with a release Crude Oil Inventories data. Thursday will bring releases of PPI and Unemployment Claims data. Finally, on Friday we will get CPI numbers.

New Zealand Dollar

It will be an important week for the Kiwi, starting on Monday with Inflation Expectations data. On Thursday, we will get monthly Central Bank Input from the Reserve Bank of New Zealand, including the Rate Statement and Official Cash Rate, followed by the usual press conference.

British Pound

It will be a very quiet week for the British Pound, with nothing due except Manufacturing Production data on Thursday.

Australian Dollar

It will be a very quiet week for the Aussie, with nothing due except the Governor of the Reserve Bank of Australia testifying before Parliament on Friday.