Weekly Outlook: 2014, February 09 - 16

AUD/USD weekly outlook: February 10 - 14

The Australian dollar rose to more than a three-week high against its U.S. counterpart on Friday, as traders reassessed their expectations for how quickly the Federal Reserve will roll back its stimulus program following the release of mixed U.S. employment data.

Tuesday, February 11

Australia is to produce private sector data on business confidence, as well as reports on home loans and house price inflation.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Wednesday, February 12

Australia is to produce a private sector report on consumer sentiment.

Thursday, February 13

Australia is to publish data on the change in the number of people employed and the unemployment rate, as well as a private sector report on inflation expectations.

The U.S. is to produce data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The nation is also to release the weekly report on initial jobless claims.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Friday, February 14

The U.S. is to wrap up the week with the closely watched preliminary reading of the University of Michigan consumer sentiment index. The U.S. is also to release data on import prices and industrial production.

NZD/USD weekly outlook: February 10 - 14

The New Zealand dollar rose to a nine-day high against its U.S. counterpart on Friday, as a mixed U.S. employment report forced investors to recalibrate their assumptions about the future course of the Federal Reserve's monetary policy.

Tuesday, February 11

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Thursday, February 13

The U.S. is to produce data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The nation is also to release the weekly report on initial jobless claims.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Friday, February 14

The U.S. is to wrap up the week with the closely watched preliminary reading of the University of Michigan consumer sentiment index. The U.S. is also to release data on import prices and industrial production.

EUR/USD weekly outlook: February 10 - 14

The euro rose against the dollar on Friday after data showed that the U.S. economy added fewer-than-expected jobs last month, but the data did little to alter expectations that the Federal Reserve will continue to scale back its stimulus program.

Monday, February 10

In the euro zone, France is to release data on industrial production.

Tuesday, February 11

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Wednesday, February 12

The euro zone is to release data on industrial production.

ECB President Mario Draghi is to speak at an event in Brussels.

Thursday, February 13

The ECB is to publish its monthly bulletin.

The U.S. is to produce data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The nation is also to release the weekly report on initial jobless claims.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Friday, February 14

The euro zone is to release preliminary data on fourth quarter gross domestic product, the broadest indicator of economic activity and the leading indicator of economic growth. Germany, France and Italy are also to release preliminary estimates on fourth quarter growth.

The U.S. is to wrap up the week with the closely watched preliminary reading of the University of Michigan consumer sentiment index. The U.S. is also to release data on import prices and industrial production.

GBP/USD weekly outlook: February 10 - 14

The pound was higher against the broadly weaker dollar on Friday after data showed the U.S. economy added jobs at a slower-than-expected pace in January.

Tuesday, February 11

The U.K. is to release private sector data on retail sales.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Wednesday, February 12

The BoE is to release its quarterly inflation report, which outlines projections for economic growth and inflation. BoE Governor Mark Carney is to hold a press conference to discuss the contents of the report.

Thursday, February 13

The U.S. is to produce data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The nation is also to release the weekly report on initial jobless claims.

Federal Reserve Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report before the House Financial Services Committee, in Washington.

Friday, February 14

The U.S. is to wrap up the week with the closely watched preliminary reading of the University of Michigan consumer sentiment index. The U.S. is also to release data on import prices and industrial production.

Everybody needs to spend, regardless of whether on products or administrations. Buyer spending directly influences the money supply of a nation, which directly influences the nation's currency and resulting exchange rate with different countries. At the point when customer spending increases, the general well being of the economy increases, and resulting interest for the nation's currency will lift its incentive against different currencies. On the other side, when shopper spending decreases, the economy flounders and the general assumption of the currency turns terrible.