The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Greenback surges as yields soar
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill.
Trump informed House Republican lawmakers that he’s on the verge of leaving Obamacare in place and moving on to tax reform if they don’t get behind new healthcare legislation and also back it in a vote on Friday.
In fact, Thursday’s postponement of the vote knocked the greenback as well as stock markets, but the major American currency was given breathing space because Treasury yields rose after Wall Street shares trimmed losses in order to close little changed.
On Friday, in Asia equities took heart and firmed, with Japan's Nikkei N225 gaining 1%.
The greenback surged 0.35%, reaching 111.340 yen, drifting away from a four-month minimum of 110.620 reached overnight.
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.
Follow Canadian core retail sales on September 18 at 15:30 MT time!
The US dollar gained after the Fed’s report, while riskier assets dropped. Let’s have a closer look.
Keep an eye on the UK monetary policy statement on September 17 at 14:00 MT time!