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 is nearly intact against other majors
On Friday, the evergreen buck was nearly intact versus other key currencies because geopolitical tensions re-emerged as well as market participants monitored the issue of American economic reports later in the day.
The financial markets were jittery right after Donald Trump told he’s about to either renegotiate or even cancel terminate a trade deal with South Korea.
The comments arose after Trump told there’s a high probability that America could have a war conflict with North Korea.
The currency pair USD/JPY stood still, showing 111.22, following data, unveiling that in March Japan’s household spending dipped 2%, compared to hopes for a 0.8% drop.
Traders were also looking ahead to the publication of reports on American first-quarter growth as well as consumer sentiment.
As for EUR/USD, the pair didn’t change, keeping to 1.0871, having weakened broadly on Thursday.
GBP/USD stood still too, trading at 1.2904, off a six-month high of 1.2916 reached overnight.
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.