Major central bank decisions return to the spotlight next week

<p>Taking that into consideration, it might explain the more cagey mood among major currencies at the moment – <a href="https://www.forexlive.com/news/japanese-yen-falls-further-on-the-week-on-word-that-boj-is-likely-to-keep-policy-unchanged-20230721/" target="_blank" rel="follow">barring the Japanese yen</a> of course. The dollar was beaten down heavily last week but is putting its foot down this week, aided by a strong recovery in USD/JPY especially. It looks like we'll have to wait until the key central bank decisions next week to settle the score next.</p><p>Here is the weekly outlook alongside some big data to watch out for:</p><p>Monday, 24 July</p><ul><li>France July flash PMI data</li><li>Germany July flash PMI data</li><li>Eurozone July flash PMI data</li><li>US July flash PMI data</li></ul><p>Wednesday, 26 July</p><ul><li>Australia Q2 CPI figures</li><li>FOMC meeting policy decision</li><li>Fed chair Powell press conference</li></ul><p>Thursday, 27 July</p><ul><li>ECB monetary policy decision</li><li>ECB president Lagarde press conference</li><li>US Q2 advanced GDP figures</li><li>US weekly jobless claims</li></ul><p>Friday, 28 July</p><ul><li>BOJ monetary policy decision</li><li>France Q2 preliminary GDP figures</li><li>France July preliminary CPI figures</li><li>Germany July preliminary CPI figures</li><li>US June PCE price data</li></ul>

This article was written by Justin Low at www.forexlive.com.