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 tumbles on Trump Jr emails
On Wednesday, the greenback decreased amid fresh worries over the Trump administration's hypothetical connection with Russia. Meanwhile, market participants looked ahead to Fed Chair Janet Yellen's comments.
The currency pair USD/JPY dipped 0.41%, trading at 113.45, which is below the four-month peak of 114.49 reached on Tuesday.
The greenback found itself under pressure after emails written by Donald Trump Jr disclosed that he generally appreciated assistance from a Russian lawyer during his dad’s 2016 election campaign versus Hillary Clinton.
The common currency stood still versus the evergreen buck, with EUR/USD showing 1.1457, having ascended to a 14-month high of 1.1489 overnight.
The US dollar index, gauging the greenback’s value versus a trade-weighted basket of six key currencies, didn’t change, keeping to 95.49, which is not far from the nine-month minimum of 95.22 reached in late June.
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.