This week’s currency news 355

This week’s major economic data which is like to affect commercial exchange rates:

Monday:
Eurozone – employment change (10am)

Tuesday:
UK – CPI inflation data (9.30am)
Eurozone – CPI inflation data (10am)
Germany – ZEW economic sentiment (10am)
USA – PPI inflation data (1.30pm)

Wednesday:
USA – Federal Reserve chairman Bernanke’s speech (5pm)

Thursday:
Switzerland – interest rate decision (8.30am)
UK – retail sales (9.30am)
Canada – CPI inflation data (12pm)

All these releases are likely to move exchange rates. If you are sending money to Switzerland, Thursday’s interest rate decision will be key, while in Europe and the USA there are several important figures to show how each economy is coping with the recession.