High-volatility focus: This week’s main volatility risks are concentrated around central bank signals from the ECB Forum in Sintra, eurozone inflation data, RBA meeting minutes, US ISM Manufacturing PMI and the US labor market report. Liquidity may also decline toward the end of the week due to the US Independence Day holiday.

Critical for pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF

• Mon, June 29 — EUR: ECB Forum on Central Banking begins in Sintra. Markets may focus on ECB communication and broader central bank policy signals.
• Tue, June 30 — AUD / EUR: RBA Minutes of the June 2026 Monetary Policy Board Meeting. ECB Forum continues, keeping EUR-sensitive pairs exposed to policy commentary.
• Wed, July 1 — EUR / USD / GBP: Eurozone Flash Inflation Estimate for June 2026. US ISM Manufacturing PMI for June 2026. ECB Forum policy panel may also affect EUR, GBP and USD sentiment.
• Thu, July 2 — EUR / USD: Eurozone Unemployment Rate. US Employment Situation / Nonfarm Payrolls for June 2026.
• Fri, July 3 — USD: US Independence Day holiday conditions may reduce liquidity and increase the risk of irregular price action.

USD, EUR, GBP, AUD, NZD, CHF