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Canada CPI will be release at 8:30 AM ET

Fed speak will also dominate the airwaves today

United statesCity ofUnited kingdomNew yorkRaphael bosticMichael barrSusan collinsJohn williamsThomas barkinChristopher wallerLoretta mesterBank supervisionFlash servicesRegional state member bank conferencePm et federal reserve bankPeterson institute for international economics

EUR/USD Likely Heading Higher Amid US Data Weakness - Key Trading Levels

Forex Analysis by Fawad Razaqzada covering: EUR/USD, US Dollar Index. Read Fawad Razaqzada's latest article on Investing.com

United kingdomMichael ballPhilip jeffersonFrench flash servicesGerman flash servicesFlash servicesFinds mild support from hawkish fedspeakMajor macro highlights stillDurable goods ordersGoods ordersAnalysis points

As the NA session begins the GBP is the strongest and the NZD is the weakest

The USD is higher but the changes are modest

United statesUnited kingdomBen broadbentMartins kazaksRaphael bosticFlash servicesGerman flash servicesFrench flash servicesNorth americanJefferson speaksOfficial cash rateFrench flash manufacturingGerman flash manufacturingFlash manufacturingUnemployment claimsRevised uom consumer sentiment

India s services sector remains strong, but begins FY25 with a slower start

India s services PMI fell to 60.8 in April from 61.2 in March, but growth in new business and output was the fastest in 14 years

Pranjul bhandariFlash servicesIndia servicesServices purchasing manager indexActivity indexWest asiaReserve bankServices pmiManufacturing pmiServices output growthServices sales growth

USD/JPY Outlook: Intervention Warnings Mildly Lift Yen

The USD/JPY outlook leans slightly bearish as the yen responds to stern warnings against its decline. Investors shift focus to the BoJ now.

South koreaShunichi suzukiKazuo uedaFlash services

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