U.S. dollar – The U.S. dollar rose to almost one-month highs against other major currencies after stronger than expected economic reports on Friday, easing concerns over the outlook of the economy. The Commerce Department reported on Friday that retail sales boosted 1.3% in April, well above 0.8% increase seen. It was the biggest growth since March 2015. Another report of U.S. consumer sentiment came in at 95.8 in May, from 89.0 in April and beating 90.0 expected. It was the highest reading since June 2015. The upbeat data soothed some existing fears over the health of the economy and revived the expectations for rate hike to be sooner. The dollar rose 0.52% on Friday against other major peers at 94.6, the strongest index since late April.
Ahead of the coming week, Solforex has compiled a list of these and other significant events likely to affect the markets.
Japan is to release data on producer price inflation and machinery orders.
The U.K. is to publish data on Rightmove housings price index.
The U.S. is to report on New York state manufacturing and NAHB housing market index.
Japan is to publish index of mining and manufacturing industrial product.
The Reserve Bank of Australia is to publish its recent monetary policy meeting minutes.
New Zealand is to release data on inflation expectations.
The U.K. is to report on consumer, producer, and retail prices inflation.
Eurozone is to release data on trade balance.
Canada is to report on manufacturing sales.
The U.S. is to publish bundle of data on consumer price inflation with core price inflation, new starts, building permits, industrial production, and manufacturing.Wednesday, May 18
New Zealand is to release data on producer price inflation.
Japan is to publish data on first quarter GDP growth.
Australia is to release first quarter wage index.
The U.K. is to report on monthly employment.
Eurozone is to publish data on consumer price inflation and core consumer prices.
The Federal Reserve is to publish minutes of April monetary policy meeting.
Japan is to release data on core machinery orders and industrial activity.
Australia is to publish its monthly employment report.
The U.K. is to report on April retail sales.
In the Eurozone, ECB is to release its recent monetary policy meeting minutes followed by data on construction activity.
Canada is to publish data on wholesale sales.
The U.S. is to release weekly initial jobless claims and Philadelphia state manufacturing report.Friday, May 20
Germany is to publish data on producer price inflation.
Canada is to release data on retail sales and consumer prices.
The U.S. is to publish data on existing home sales.
Tags : EUR/USD pair forex bonus without deposit Forex Broker forex broker bonus forex learn forex learning forex learning pdf Forex Market Analysis forex tutorials for beginners pdf how to trade forex for beginners pdf learning forex trading pdf U.S. dollar USD/JPY