Since there are scarcity economic news releases during today’s session, apart from President Lagarde’s speech, we decided to outline the most important releases for this week:
Tuesday: We kick off the week with Eurozone’s ZEW economic sentiment indicator for September and industrial production rates for July, from Canada we note the latest CPI print and from the United States we note the core retail sales and the updated trade balance, all for the month of August.
Wednesday: On a data packed Wednesday, we note the UK’s CPI and Eurozone’s HICP reports for August and in the afternoon, we note Bank of Canada’s rate decision and finally main event of the week which is the Federal Reserve’s respective interest rate decision and the speech from Fed Chair Powel.
Thursday: Early in the Asian session, we note New Zealand’s GDP print for the second quarter of 2025 and Australia’s latest employment report and from the UK we highlight the Bank of England’s interest rate decision.
Friday: We close the show, with Japan’s Nationwide CPI for August and the Bank of Japan’s policy meeting in the early Asian session and from both the UK and Canada. We close by noting PBOC’s Loan Prime rate decision delivered during the early Saturday morning hours.
Technical Analysis
AUDUSD Chart – The Aussie capitalizes on the dollar’s weakness and climbs to 10 month highs
Resistance: 0.6700 (R1), 0.6800 (R2), 0.6900 (R3)
Support: 0.6600 (S1), 0.6520 (S2), 0.6420 (S3)