FXStreet – Forex trading has so far been dominated by the GBP weakness, according to the recent polls showed that the Conservatives in the UK at the election on may 8. June will be a shortage of 16 seats for a majority in the Parliament. The Antipodeans also remained under pressure, although the data were in China well, since the growth of factories in China in the last month was a good one. The RBNZ financial stability report, Wheeler comments and Australia’s private sector credit has been ignored by the market.
The GBP calendar today has a lot to offer and these include the retail sales of Germany, the Euro zone Flash CPI and the unemployment rate. In the afternoon, the FOMC member Kaplan speech, the canadian GDP, the US pending home sales, U.S. Chicago PMI and the Fed Beige Book.
** FXStreet News Editorial, FXStreet**