US Dollar mixed last week in Forex Trading
The US dollar was mixed against the other major currencies last week after the US currency had fallen for multiple weeks against most of majors. Overall for the week, the USD advanced against the euro, the New Zealand dollar and the Australian dollar while falling to the British pound sterling, Japanese yen and the Swiss franc. The USD was virtually unchanged against the Canadian loonie dollar for the week.
Non-Farm Payrolls & Interest Rate Decisions on tap this week
This upcoming week has a number of major economic news on the schedule that are worth watching for.
- Monday has the Eurozone consumer price index data due out as well as Canada’s GDP report for July.
- Tuesday’s major economic releases are the Chinese manufacturing PMI data, Australia’s interest rate decision, Germany’s unemployment change for September and the ISM manufacturing data out of the United States.
- Wednesday has the European Central Bank interest rate decision.
- Thursday will feature the United States ISM non-manufacturing index.
- Friday will have the United States non-farm payroll government employment report as well as the Bank of Japan interest rate decision and Japan’s monetary policy statement.
Please see the week’s highlighted economic events below:
This Week’s Economic Highlights:
Sunday, September 29
Japan — industrial production
Japan — retail trade
Japan — manufacturing PMI
Monday, September 30
New Zealand — nznb business confidence
Australia — securities inflation
China — manufacturing PMI
Japan’s — housing starts
euro zone — German retail sales
euro zone — consumer price index
Canada — GDP report
United States — Chicago purchasing manager
Australia — manufacturing index
Japan — jobless rate
Tuesday, October 1
China — manufacturing PMI
Australia — retail sales
Australia — interest rate decision
Switzerland — purchasing managers index
euro zone — Germany unemployment change
United Kingdom — manufacturing PMI
United States — PMI
United States — ISM manufacturing
United States — construction spending
Wednesday, October 2
Australia — new home sales
Australia — building approvals
Australia — trade balance
United Kingdom — PMI
euro zone — interest rate decision
United States — ADP employment data
Thursday, October 3
China — non-manufacturing PMI
euro zone — PMI
euro zone — retail sales
United States — weekly jobless claims
United States — ISM non-manufacturing
United States — factory orders
Friday, October 4
Japan — interest rate decision
Japan — monetary policy statement
China — services PMI
United States — nonfarm payrolls employment change
Canada — Ivey purchasing managers index
Article by CountingPips.com – Forex Trading News
