For the Dollar:
After a quiet Monday, March inflation figures will get things going on Tuesday. In spite of the FED’s assurances of unwavering support, a pickup in inflationary pressure will be a test for the markets.
The focus will then shift to a particularly busy day on the economic calendar.
Key stats include March retail sales, jobless claims, and Philly FED Manufacturing PMI numbers.
Business inventory and industrial production figures are also due out but will likely have limited impact.
At the end of the week, prelim consumer sentiment figures for April will also draw attention on Friday.
In the week ending 9th April, the Dollar Spot Index slid by 0.92% to 92.163.
For the EUR:
It’s a relatively busy week ahead on the economic data front.
Early in the week, Eurozone retail sales and economic sentiment figures for Germany and the Eurozone will be in focus.
Expect Germany’s ZEW economic sentiment figures to have the greatest impact.
Mid-week, industrial production figures for the Eurozone.
Wrapping up the week, March inflation and trade data for the Eurozone will draw attention.
Other stats in the week include inflation figures for France, Germany, Italy, and Spain. We don’t expect the numbers to have an impact on the EUR, however.
The EUR ended the week up by 1.19% to $1.1899.
For the Pound:
It’s a relatively busy week ahead on the economic calendar.
Retail sales figures are due out early Tuesday ahead of industrial and manufacturing production figures later in the day.
February trade figures will also be in focus on Tuesday. Expect more interest in the numbers, as the markets look for the effects of Brexit on trade terms.
The Pound ended the week down by 0.90% to $1.3707.
For the Loonie:
It’s a relatively quiet week ahead on the economic calendar.
The markets will have to wait until Thursday for manufacturing sales figures. With little else to consider, the numbers will draw attention ahead of wholesale sales numbers on Friday.
Mid-week, OPEC and the IEA’s monthly report, crude oil inventory numbers will also influence.
From the Bank of Canada, the Business Outlook Survey will provide direction at the start of the week.
Away from the economic calendar, expect economic data from China to also influence…
The Loonie ended the week up 0.38% to C$1.2530 against the U.S Dollar.