The US NFP Update: What to Wait for?
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 stands still with American tax overhaul in focus
On Wednesday, the evergreen buck didn’t change versus other key rivals amid fresh worries over an approaching US tax overhaul.
The US currency was affected by reports that a major corporate tax cut currently under discussion in American tax reforms plans could be postponed for a year.
On Tuesday, the Washington Post informed that Senate Republican leaders are actually considering postponing the implementation of the key corporate tax cut for the purpose of complying with Senate rules.
The greenback had been backed during the recent trading session by expectations that the US administration's tax cuts could spur the American economy.
The US dollar index, traditionally assessing the greenback’s value against a basket of six crucial currencies, didn’t change sticking to 94.77.
The currency pair USD/JPY slid 0.16% trading at 113.82, drifting away from Monday's eight-month maximum of 114.73.
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Bank of England Statement: What to Expect
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.
Australian Cash Rate Hot News
The Reserve Bank of Australia will make the cash rate statement on May 3, at 07:30 MT.
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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.
How Will USD React To The US PPI?
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
