The USD slipped after Federal Reserve Chairman Janet Yellin’s speech at the Jackson Hole Economic Forum, which did not refer to monetary policy, disappointed some investors who had hoped it would look tougher
Over the next week, investors will focus on the US jobs report, which is released on Friday for the month of August to gauge its impact on the course of federal policy. Traders will also closely watch a revised second quarter growth in the US.
It will also focus on preliminary inflation estimates for the euro zone, which is due on Thursday.
The following are the main events on the economic calendar this week:
Monday, 28 August
UK financial markets will remain closed for the holiday.
Tuesday 29 August
Canada will publish data on raw material price inflation.
The United States will report on consumer confidence.
Wednesday, 30 August
Australia will publish data on construction approvals and completion of construction work.
Germany will also publish preliminary inflation data.
The United Kingdom will release data on net private lending.
The US will also publish the non farm payrolls report as well as revised data on Q2 growth.
Thursday, 31 August
China will also publish survey data on activity in manufacturing and service sectors.
New Zealand will publish a report on business confidence.
Australia will release data on private capital expenditure.
The euro zone will release initial inflation estimates while Germany will report retail sales.
Canada will also publish monthly data on GDP growth.
The United States is set to put a series of data, including reports on unemployment claims, personal income, spending and pending home sales.
Friday, 1 September
China will publish the Industrial Purchasing Managers Index (SIZN)
The United Kingdom will also publish data on manufacturing activity.
The United States is due to approach the non farm payrolls report in August and the Supply Management Institute will publish a report on the manufacturing index.