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.
Greenback goes down on tax jitters
On Friday, the evergreen buck modestly dived versus other key currencies, as everlasting uncertainty over the fate of a key American tax reform plan as well as worries over an investigation into Trump's presidential campaign put pressure.
On Thursday, the US House of Representatives officially approved a broad package of tax cuts.
The currency pair EUR/USD managed to grow 0.21% being worth 1.1795, GBP/USD rallied 0.42% trading at 1.3249.
Additionally, on Friday, ECB Governor Mario Draghi told that the major bank should be patient enough when normalizing monetary policy.
He added that the ECB's bond purchasing program could be extended beyond September 2018 if required.
The currency pair USD/JPY went down 0.44% trading at 112.55, USD/CHF declined 0.26% being worth 0.9914.
The Australian as well as New Zealand dollars headed south, with AUD/USD dipping 0.45%to 0.7554 and NZD/USD diving 0.79% to 0.6794.
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Bank of England Statement: What to Expect
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.
Australian Cash Rate Hot News
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
Latest news
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.
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.
How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
