This week's economic calendar should be relatively calm. Key data releases will be centered mainly around CAD, EUR, AUD, and USD.
Expect some volatility in CAD and AUD ahead of firm inflation numbers. Employment is predicted to be slightly better than the previous number for the Aussie. Any positive news will certainly be needed, given that the currency has taken quite a beating of late.
Several data releases on Thursday will be released for USD, with the GDP Growth Rate QoQ Final being the most noteworthy, as a 1.1% jump is expected. Thankfully, Friday will essentially be a 'dud.' So, we should only take note of the preceding four days.
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 the following week.
