Shinzo Abe and Haruhiko Kuroda can breathe out.
Following disappointing Inflation Report on Wednesday and boring BoE meeting a week earlier, now it is time for the MPC members to shed light on future moves of the monetary policy.
As it was expected, the EUR/USD pair moved lower on Thursday following upbeat fundamentals from the U.S.
Not really convincing. At all. Investors were not expecting a strong rebound in EUR/USD even in case of the upbeat data. This is a result of Mario Draghi's dovish comments and a pledge to act in June.
The widely-anticipated Financial Stability Report from the RBNZ showed the domestic financial system remains sound, even though there are certain risks that need to have a close eye kept on, including a high level of household debt, rising house prices as well as extremely volatile dairy-sector.
Last month the IMF and the Fed urged the Bank of Japan to start tapering its stimulus programme.
Another disappointment, again. Following sleepy BoE meeting last week, investors hoped Carney will unveil the precise data when the first rate hike will be made during the release of May's Inflation Report.
For months economists were trying to predict whether the recent slump in the world's largest economy, caused by harsh winter, will be temporary or it will have a devastating effect on the economy.
Germany and France both accounts for a majority of overall economic activity in the Eurozone, almost two thirds to be more precise.
The AUD/USD pair penetrated an important support level at 0.9346 on Tuesday, indicating the bullish rally is running out of steam.
It has been 13 months already since the time Kuroda launched his unprecedented stimulus programme. Growth has returned into the world's third largest economy, and the central bank has been very confident about the future prospects for now.
For months we have urged for the Bank of England to start raising interest rates. Since then New Zealand has made already two adjustments to its monetary policy, while Mark Carney has not even managed to provide any hints on future moves.
It seems that it will be extremely difficult now to stop the depreciation of the most traded currency pair following last week's ECB's press conference.
Germany has been one of the main locomotives of Europe's economy in the recent years and mostly, due to the resilience of German economy, the 18-nation's bloc emerged from the recession last year.
The Australian Dollar started this week in a narrow range, with the AUD/USD trading around 0.9360. During the last week, the pair already added 1%, and this week it has a potential to perform another impressive rally.
The Reserve Bank of New Zealand made two consecutive rate hikes in March and April, bringing the official cash rate to 3.0%.
For some time markets calmed down and lowered their expectations for a sooner-than-expected rate hike from the BoE.
The latest Janet Yellen's testimony confirmed earlier concerns the central bank cannot control everything. People give the Federal Reserve way too much credit. Earlier this year, the Fed pledged to start raising rates next year.
As it was widely expected, Mario Draghi's comments provided a long-term bearish bias for the single currency, as EUR/USD was changing hands around 1.3750 on Monday, after moving to 1.40-mark before the press conference.
Following a move towards 0.94-mark on Thursday, the Aussie moved lower against other major currencies on Friday, as comments from the RBA suggested the economy is not that strong as many expected.
The Reserve Bank of New Zealand made two consecutive rate hikes in March and April, bringing the official cash rate to 3.0%.
The manufacturing PMI disappointed markets last week. Due to volatile gas and oil production, manufacturing output for March was expected to fall short of analysts' expectations as well.
In January, Nouriel Roubini, the New York University economist, who is known for predicting the housing bust and global financial crisis, claimed the U.S. economy will disappoint this year.
German economy is losing momentum, this is not a question, as it is highly dependent on its exports and external demand. Manufacturing, services activity and factory orders all surprised markets to the downside in May.