What’s New with Australian Unemployment Rate?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
Greenback stands still as traders digest Fed statement
On Thursday, the evergreen buck didn’t change versus other key currencies because financial markets were still digesting the Fed’s fresh policy statement, simultaneously looking ahead to a string of American economic reports due later in the day.
In a widely anticipated move, the Fed had its interest rates increased to 1.50% by 0.25 basis points at its policy gathering on Wednesday.
Assessing the US currency’s strength versus a trade-weighted basket of six main currencies, the US dollar index was nearly intact sticking to 93.4, off a one-week minimum of 93.33 reached overnight.
The common currency was intact, with EUR/USD being worth 1.1821. Meanwhile, GBP/USD ascended 0.22% hitting 1.3447.
This month the euro zone reported its fastest surge in business activity in nearly seven years.
The Japanese yen and the Swiss franc decreased, with USD/JPY edging up 0.20% hitting 112.76. USD/CHF rallied 0.30% being worth 0.9884.
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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.
Latest news
What Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
