Key events remaining for day ahead – Westpac

By FXStreet Analysts at Westpac noted the key events remaining for the day ahead.

Key Quotes:

“UK Apr unemployment is seen to remain at 5.1%. The minutes of the Apr 26-27 FOMC meeting will be released.

While it is unlikely to have a strong hawkish overtone, it will nevertheless signal that most members remain at least open minded toward the Jun option, that external risks have dissipated and that Q1 growth weakness is mostly transitory.

The Fed is ultimately likely to stand pat in Jun but this and upcoming Fedspeak should help firm OIS odds.”
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Source:: FX Street