
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 Tuesday, the evergreen buck gave back some of its revenues in Asia trade, although remained not far from a one-week maximum versus a basket of major currencies because German political uncertainty kept pressuring the common currency.
Traditionally tracking the greenback versus a basket of six main currencies, the US dollar index slid 0.1% showing 94.036, but still keeping to its overnight high of 94.104, which is its highest reading since November 14.
The euro managed to tack on 0.1% being worth $1.1738, nursing losses after sagging to $1.1722 in the previous trading session after German coalition government negotiations failed.
Angela Merkel, German Chancellor, whose conservative bloc was deprived of seats in September's election, told she would inform the country’s president that she was unable to form a coalition because the pro-business Free Democrats dared to withdraw from talks.
Against the Japanese yen, the US currency dipped a bit demonstrating 112.59, staying above its overnight minimum of 111.89.
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 US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
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