The week ahead presents many ‘high importance’ risk events ranging from US CPI data to central bank decisions in Canada, New Zealand and the European Union. The FOMC minutes of the March meeting will also provide more insight on Fed thinking, although, the trend of hotter US data may diminish the impact of what was discussed during the March meeting.
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US Dollar (DXY) in Focus Ahead of CPI Data, NFP Boost Proved Short-Lived
Friday’s hotter-than-expected jobs data for March initially sent the dollar higher but the catalyst failed to hold into the close. US CPI data will definitely draw a huge focus from the market due to the stubborn PCE figures…
