The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Greenback is pressured by mediocre American data as jobs report awaited
On Friday, the evergreen buck stayed off this week's minimums in cautious trade because market participants waited for major monthly American employment data after other poor economic data cast doubts on whether the US major bank will lift interest rates again in 2017.
The dollar index, normally gauging the US currency versus a bunch of six rivals, didn’t change, sticking to 92.688, braced for a moderate weekly decline. It stood above this week's 2-1/2-year minimum of 91.621 reached amid renewed tensions on the Korean peninsula.
On Friday, Japanese Finance Minister Taro Aso announced that he was cancelling a scheduled trip to America for preparatory economic negotiations because of national security uncertainties generated by North Korea after it launched a ballistic missile, which flew over Japan on Tuesday.
Versus the Japanese yen, the evergreen buck soared 0.1% hitting 110.04, gaining 0.6% for the week and quite above this week's 4-1/2-month drop of 108.265 yen.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.