Important upcoming events and publications for the week ended May 17 (GMT):
Monday, May 13 13:05, 13:10, 17:20 FOMC members speaks. Risks for USD: Moderate. The speeches of Rosengren, Clarida and Kaplan draw attention in the light of the possible hints regarding monetary policy. The main question for Market participants whether the FED is preparing rate cuts in the foreseeable future. Hints of willingness to reduce the rate are able to weaken the dollar.
Tuesday, May 14 08:30 U.K. Employment report 🇩🇪 09:00 Germany ZEW Economic Sentiment
Wednesday, May 15 02:00 China Industrial production 12:30 U.S. Retail Sales
Thursday, May 16 01:30 Australia Employment report 12:30 U.S. Housing Starts / Building Permits
Friday, May 17 14:00 U.S. UoM Consumer Sentiment
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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