Economic news to watch this week

Planning is key. With everything that is happening in the markets, the best thing that one can do as a trader is to know which currencies to focus on for the upcoming week. Even though there are lots of breaking news and geopolitics, knowing what is expected from the economic calendar is a good start.

This week we will have 2 Central Banks in focus. Reserve Bank of Australia (RBA) and Bank Of England (BOE) will hold their Monetary Policy meeting to decide on their Interest Rates. BOE is expected to maintain theirs at the current Rate of 0.10% and RBA to also maintain at the current Rate of 0.25%.

This week is also non-farm payrolls week. The United States will be releasing their 5th Job statistics which exclude the farming industry hence it is called non-farm payrolls. Due to COVID-19 and a lock-down, job stats are expected to be at its lowest. Below is our weekly calendar.

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