This time of the year is traditionally among the least active for financial markets, as traders shut down their computers and spend a few weeks vacationing. Currency traders, however, may have to wait until next week to relax as a bevy of economic data is scheduled to be released in the next few days.

Most importantly, the Federal Reserve Bank will meet tomorrow, and likely raise short term interest rates to 4.25%. The rate hike is almost a given; accordingly, traders are more concerned with Greenspan’s commentary, which should provide a window into future rate hikes. Inflation data, which plays an important role in how monetary policy is conducted, will also be disseminated. Next to be released are US trade and current account data, which are expected to indicate near-record twin deficits. Currency traders will likely look past this, however, if capital flows data (to be released on Friday) indicate continued strength in US capital inflows. Dow Jones Newswires reports:

HSBC’s Lynch said the deficit numbers may not matter much in the markets, as long as the Treasury Department reports another strong month of capital inflows to the U.S. for October in its TICS report Thursday.

Read More: FOMC, Data May Hurt Fragile Dollar This Week