Let's find out the trading opportunities for this week.
USD/JPY: forecast for May 22-16
. We will receive Japan’s trade balance data on Monday. Flash Manufacturing PMI and CPI figures will be released on Wednesday and Friday respectively. US statistical entities will release housing market data, manufacturing figures, core durable goods orders and, most importantly, preliminary GDP. If Trump’s aides fail to improve the situation, the US dollar will remain under pressure next week and lose even more ground.