Can the UK CPI surprise?
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
Aussie goes down, Kiwi stands still
On Monday, the Australian dollar dived versus its American rival, while the New Zealand dollar was intact because comments by Fed officials compensated Friday's gloomy American nonfarm payrolls for the US currency.
The currency pair AUD/USD slumped 0.22% being worth 0.7848, which is not far from Friday's three-month maximum of 0.7867.
The evergreen buck dived after the American Department of Labor informed on Friday that in December the American economy created 148,000 jobs, thus confounding hopes for a leap of 185,000. As for the unemployment rate, it was intact sticking to 4.1%, as anticipated.
Sustained hopes for more American interest rate lifts restricted the greenback’s losses.
On Saturday, San Francisco Fed President John Williams told that the key US bank requires raising interest rates at least three times this year considering the US economy will derive benefits from tax cuts.
The currency pair NZD/USD was intact reaching 0.7174, which is off Friday's three-month maximum of 0.7188.
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The US Retail Sales Update
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US NFP Update: What to Wait for?
The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on May 6, at 15:30 MT time.
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The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
