Key Forex releases this week

Hi, fellow traders. This week is very rich in Forex events. You can expect a lot of volatility and choppy price action as well as huge moves in various currency pairs before and after the releases. Something has already been released. Basically (Japanese) Tankan Large Manufacturers Outlook, which can slightly better than expected (10 actual versus 7 expected). That came at 23:50 this Sunday. However, Japanese Yen continued falling. It tells me that the bearish bias is very strong in Yen pairs. What are other key events for the week?

Monday

China – Manufacturing PMI (came as expected 50.1 at 01:00 GMT)

EU – Euro zone Consumer Price Index (coming at 09:00 GMT) 

US – ISM Manufacturing (coming at 14:00 GMT)

Tuesday

AUD – Reserve Bank of Australia Bank decision (coming at 04:30 GMT). Australian dollar might recover (at least short term). 

No key Forex news on Wednesday

Thursday

GBP – Bank of England Rate decision (coming at 11:00 GMT). It will have huge impact on British Pound pairs. I expect major moves in gbp/chf and eur/gbp and a possible reversal in gbp/usd pair. Traders will also be looking at BOE Asset Purchase target coming at the same time. 

EUR – European Central Bank Rate decision (coming at 11:45). It will probably be the most important event of the week. Need to see if they have a press conference after that and when. 

Friday

USD – Unemployment rate and change in Non Farm Payrolls (both coming at 12:30). The second most important event of the week. Hope to see currencies flying after the release.

CAD – Canada Unemployment rate and Net Change in Employment (coming at 12.30). Canadian dollar pairs will be hit. 

Ok, I guess that is it for the week. We need to wait for the first releases to see what happens. I will update on that tomorrow.