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
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
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