Economic Data Puts the EUR and the Pound in Focus Ahead of the FOMC Meeting Minutes

It was a relatively quiet start to the day on the economic calendar this morning. The Kiwi Dollar was in action in the early hours. Later this morning, the Aussie Dollar and Japanese Yen will also be in focus. From Australia, consumer sentiment figures for May will draw plenty of interest. A pickup in consumer sentiment would support the RBA’s economic outlook. For the Japanese Yen, finalized industrial production figures for March are due out later this morning. Barring a marked revision from prelim figures, however, we don’t expect too much influence on the Yen. For the Kiwi Dollar Wholesale inflation was in … (full story)

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