It should be a relatively calm week for news releases. The most significant is the interest rate decision for the New Zealand dollar, with the rate expected to remain unchanged. Overall, the picture is largely bearish for the country's economy. Hence, the decision may reinforce this narrative.
USD will be the centre of most medium-to-high impact data releases. If another round of resilient economic data materializes, it could help the dollar regain momentum. Conversely, softer employment or business activity figures may allow higher-beta currencies to continue outperforming.
Other notable events include the Swiss franc's unemployment rate and the Ivey PMI for CAD.
The image below shows all the main economic releases to watch this week to help you stay prepared.
Conclusion
Now that you have a grasp on the data releases to look forward to, also check out our recap of the previous week in forex and how certain currencies are likely to perform in this following week.
