By ForexTime
Since the beginning of May, the Japanese Yen is up against all G10 currencies. The USDJPY has fallen by over 1% in a single month.
But before we take a deep dive into what forces may boost or weaken the yen, let’s have a glance at the list of key economic reports and events that could influence currency markets next week:
Monday, May 15,
- EUR: Eurozone industrial production
- JPY: Japan PPI April
- US: Empire Manufacturing and Atlanta Fed President Raphael Bostic’s speech
- Huw Pill, chief economist at the Bank of England
Tuesday, 16 May
- CAD: Canada April CPI
- CNY: China retail sales, industrial production
- Eurozone Q1 Gross Domestic Product, Germany ZEW Survey Expectations
- GBP: UK jobless claims, unemployment
- USD: US April retail sales, industrial production, Fed speech
Wednesday, May 17
- EUR: Eurozone April CPI
- JPY: Japan GDP Q1 Industrial production
- GBP: BoE Governor Andrew Bailey speech
Thursday, 18th May
- Unemployment rate change
- USD: Initial claims for joblessness and existing home sales
Friday, May 19,
- CAD: Canada March retail sales
- Japan April CPI
- EUR: ECB President Christine Lagarde speech
- USD: New York Fed’s President John Williams address
- G7 leaders gather in Hiroshima
Here are three reasons why.
