Forex Calendar

Canada's Core Retail Sales for June 2026 showed a stark slowdown, with actual sales at 0.1% versus a forecast of 0.8%. This weaker-than-expected print suggests weakening consumer demand, potentially easing pressure on the Bank of Canada and weakening the **CAD**. Monitor **USD/CAD** for potential upside.

The US observes a bank holiday on June 19, 2026. This means significantly reduced market liquidity, potentially leading to wider spreads and erratic price movements. Traders should exercise caution, particularly in major currency pairs like EUR/USD and USD/JPY, as volatility can be unpredictable.

Japan's National Core CPI for June 2026 was released at 1.4%, exactly matching the forecast and the previous reading. This in-line result offers no immediate catalyst for significant Yen movement, suggesting a neutral bias for **JPY** pairs in the short term. Traders should monitor **USD/JPY** for potential volatility driven by broader market sentiment.

New Zealand's June Trade Balance registered NZD 800 million, falling short of the NZD 875 million forecast. This weaker-than-expected print suggests a less favorable trade environment, potentially signaling downward pressure on the **NZD**. Traders should monitor **NZD/USD** for potential weakness.

US TIC Long-Term Purchases for June 2026 came in at **$72.5 billion**, exactly matching the forecast. This in-line result suggests stable capital flows, providing little immediate impetus for the **USD**. Traders will look for other catalysts, with **EUR/USD** potentially seeing range-bound action initially.