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 takes breather after soar
On Friday, the evergreen buck tacked on versus a basket of key currencies, having pulled back from one-month maximums reached this week because market participants pondered the Trump administration's tax plan as well as the outlook for Fed policy.
The dollar index, tracking the American currency’s strength versus a basket of six crucial currencies, rallied 0.1% being worth 93.155, going below Thursday's maximum of 93.666, which is its highest outcome since August 18.
For the week, the US dollar index has managed to gain 1.1%, putting it on track for its greatest weekly revenue since December.
The US currency grew this week on renewed expectations for US tax reforms and also comments from Fed Chair Janet Yellen. She drew attention to the necessity for gradual interest rate lifts.
Versus the Japanese yen, the evergreen buck inched up 0.2% being worth 112.57 yen . On Wednesday, the greenback had showed a 2-1/2 month maximum of 113.26 yen.
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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.
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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.
