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 soars as Fed leadership rumors send up American yields
On Tuesday, the evergreen buck ascended versus its counterparts, underpinned by a soar in Treasury yields reacting to a report that Donald Trump was appreciating a policy hawk as the next head of the major US financial institution.
Treasury yields rebounded from two-week minimum and rallied after Monday’s report that Donald Trump was generally favoring Stanford economist John Taylor, considered as more hawkish compared to current Chair Janet Yellen, to become the head of the Fed.
On Thursday, Donald Trump is expected to meet Yellen as part of his search for a fresh nominee for her position, as a source already familiar with plans for the gathering revealed.
The US dollar index tacked on 0.05% versus a basket of six key currencies hitting 93.365 having soared 0.25% overnight.
On Friday, the index had stuck to a 17-day minimum of 92.749 in the wake of dismal American inflation data.
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.