1. ECB Monetary Policy Meeting Accounts
European Central Bank Monetary Policy Statement contains the outcome of the ECB decision on asset purchases and commentary about the economic conditions that influenced their decision.
2. U.S. Retail Sales
The US Commerce Department will report April retail sales numbers on Friday. Economists predict that retail sales rose by 1.0% last month. On the other hand, Core retail sales, which exclude autos, are expected to have risen by 0.7%. A higher than expected reading should be taken as positive for the greenback.
3. US Michigan Consumer Sentiment
US Michigan Consumer Sentiment for May will be another important release of today. The Index is expected to rise to 90.4 in May from 88.3 in the previous number. A higher than expected reading should be taken as positive for the US Dollar.
14 May 21 (Fri)