Week Ahead

The report highlights a strong US dollar driven by robust employment data and looming inflation prints. Key upcoming central bank decisions from the ECB and BoC are set to shape global currency trends.

Key Takeaways

• 1.The US dollar enters the week on a strong footing following robust May nonfarm payroll data.
• 2.The ECB is expected to hike rates by 25bps, though market focus remains on whether this is a one-off or part of a series.
• 3.The Bank of Canada is likely to hold rates at 2.25%, with the Governing Council leaning into a wait-and-see approach.

Table of Contents

• INTRODUCTION
• ECONOMIC CALENDAR
• DATA PREVIEWS