
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
On Wednesday, the evergreen buck weakened versus the Japanese yen on worries about growing tensions between America and North Korea while the Canadian dollar was firm after the nation's key bank chief supported an interest rate lift.
The US dollar lost 0.3% during early trade, fetching 112.95 yen and drifting away from Monday's 1-1/2-month peak of 113.48.
The Japanese yen tends to be bought back following global uncertainty as Japanese investors might dare to repatriate their foreign investment notwithstanding Japan’s proximity to North Korea.
On Wednesday, Pyongyang announced it had successfully tested a newly developed intercontinental ballistic missile, capable of carrying a large and heavy nuclear warhead, thus triggering an immediate call by Washington for global action to hold the isolated regime accountable for its ongoing pursuit of nuclear weapons.
As for the Canadian dollar, it held firm enough, showing C$1.2934 per dollar, having reached a 10-month peak of C$1.2912 to the greenback on Tuesday.
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.
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
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.
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