
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.
On Monday, the evergreen buck gained a lot in Asia, with the market monitoring the progress of Donald Trump's first foreign visits as president with a bunch of deals signed in Saudi Arabia in the first stop. Additionally, traders shrugged off the weekend’s recent missile test by North Korea.
In Japan, the trade balance appeared to be weaker than expected, showing ¥482 billion for April, unlike a surplus of ¥521 billion observed.
The currency pair USD/JPY reached 111.57, rallying 0.28% after the data.
The currency pair AUD/USD slumped 0.19%, being worth 0.7447. As for GBP/USD, this pair dipped 0.32%, trading at 1.2993 after an opinion survey demonstrated the lead of conservatives reduction by half in a Survation telephone survey issued on Monday.
The previous week, the greenback resumed its descend on Friday. It notched its greatest weekly dip in almost a year because political turbulence around the Trump administration kept dominating market sentiment.
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.
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.
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