In the coming week, only one indicator shows major market-moving potential: Euro-zone CPI.

Traders looking for a harbinger of Japanese yen strength or weakness may prefer to look toward broader risk trends, as fundamental forces have yet to truly play any role in the currency's moves.

The minutes from the Bank of England’s October meeting signal a neutral policy stance.

US dollar event risk will start to pick up again on Tuesday as US housing starts and building permits are projected to have risen for the second straight month in September to 10-month highs.

The euro ended the past week up against currencies like the US dollar and British pound, but ultimately, the European Central Bank’s decidedly neutral stance during their recent policy meeting monthly meeting creates some downside risks for the currency in the near term.

The main event risk for the British pound will not come up until Thursday, when the Bank of England (BOE) will announce their latest rate decision.

The US dollar ended the past week marginally higher after the Federal Reserve issued a more optimistic outlook on the economy.

The British pound was easily the weakest of the majors last week as the currency fell more than 3 percent against the euro, Swiss franc, and Canadian dollar.

The UK's consumer price index (CPI) reading for the month of August is expected to rise 0.3 percent, but the more important part of this report is that the annual rate of growth.

Political news didn’t have much of an impact on the Japanese yen during the past week, despite the shift in power from the Liberal Democratic Party (LDP) to the opposition Democratic Party of Japan (DPJ), though realistically, it was well known beforehand and fully priced in.