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.
Aussie heads south
On Wednesday, the Australian dollar dipped in Asia because consumer prices data came in a tad weaker than expected. Additionally, the market saw an ongoing steady policy of rates at a record minimum 1.5% by the Reserve Bank of Australia.
The US dollar index, measuring the greenback’s value against six main currencies, slid 0.06%, hitting 98.66.
The currency pair AUD/USD reached 0.7513, declining 0.31%. As for USD/JPY, this currency pair hit 111.24, soaring 0.14%.
Australia posted CPI figures for the first quarter of a 0.5% ascend, compared with an 0.6% revenue seen quarter-on-quarter as well as 2.1% surge year-on-year, which is below the 2.2% soar expected.
Overnight, the evergreen buck traded lower against a basket of crucial currencies, following the publication of mixed American economic data, while a soar in the common currency weighed on the major US currency.
The common currency hit fresh five-month peaks versus the greenback as market participants piled into the single currency for a second-straight day, right after centrist nominee Emmanuel Macron managed to win the first round of the French presidential election.
The Bank of England will publish its Monetary Policy Report and Summary, Official Bank Rate, and its votes on May 5 at 14:00 MT.
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.