Currency calendar this week

28 July, 2011


This week sees interest rate decisions in the UK, Eurozone and Australia; and unemployment, retail sales and house price figures all coming out around the world.

Of the interest rate decisions, the Eurozone will be watched most closely by markets, as any further rate hikes would be likely to strengthen the Euro and send exchange rates lower for buying Euros. European inflation is running high, so interest rates should rise further, however with concerns about the impact on weaker economies such as Spain, Portugal and Ireland, the decision is not an easy one for the ECB.

Call us at Currency Index for the latest news and live rates.

Monday 2nd
UK Bank Holiday

Tuesday 3rd
0530 – Australian interest rate decision
1000 – Eurozone PPI inflation
1500 – US factory orders

Wednesday 4th
0730 – Nationwide UK house price survey
0930 – UK mortgage approvals & money supply
1000 – Eurozone retail sales
2345 – New Zealand unemployment rate

Thursday 5th
1200 – UK interest rate decision
1245 – Eurozone interest rate decision

Friday 6th
0230 – Australian monetary policy statement
0930 – UK PPI inflation
1200 – Canadian unemployment rate
1330 – US non-farm payrolls & unemployment rate