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Economic calendar (GMT0):
06:00 Switzerland Trade Balance April 1.99 2.05 2.42
07:15 Switzerland Employment Level Quarter I 4.19 4.21 4.19
08:30 United Kingdom BBA Mortgage Approvals April 45.9 45.2 42.2
The U.S. dollar traded lower against the most major currencies. Markets in the U.S. were closed for the Memorial Day holiday.
The New Zealand dollar rose against the U.S in the absence of any major economic reports in New Zealand.
The Australian dollar climbed to 1-week highs against the U.S. dollar in the absence of any major economic reports in Australia.
The Japanese yen increased against the U.S. dollar after the release of corporate services price index in Japan. The corporate services price index in Japan climbed 3.4% in April, from 0.7% in March. Analysts had expected a 3.3% increase.
EUR/USD: the currency pair increased to $1.3665
GBP/USD: the currency pair climbed to$1.6870
USD/JPY: the currency pair declined to Y101.92
The most important news that are expected (GMT0):
12:30 U.S. Durable Goods Orders April +2.9% -0.4%
12:30 U.S. Durable Goods Orders ex Transportation April +2.4% +0.2%
12:30 U.S. Durable goods orders ex defense April +1.8%
13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y March +12.9% +11.9%
13:30 Eurozone ECB President Mario Draghi Speaks
13:43 U.S. Services PMI (Preliminary) April 55.0 55.6
14:00 U.S. Richmond Fed Manufacturing Index May 7 5
14:00 U.S. Consumer confidence May 82.3 83.2
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