Let’s take a look at the economic calendar and the most important events that will shake markets next 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.
Check key levels for USD/CAD and CAD/JPY.
How to choose the volume of a trade? FBS analyst Elizabeth Belugina explains how to manage the sizes of your positions in order to limit risks and maximize profit…
Find out the key levels for trading the GBP and the NZD ahead of the important releases.