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
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
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