Forex news to watch out for the day

Here are some key Forex news events to watch out for today:

Asia/Pacific

  1. Japan's Core Machinery Orders (YoY) (Mar): Expected to show a decline of 2.5% after a 1.3% increase in February. (08:30 AM JST / 23:30 UTC)
  2. Australia's Retail Sales (MoM) (Mar): Expected to show a 0.2% increase after a 0.1% decline in February. (12:30 AM AEST / 14:30 UTC)

Europe

  1. Eurozone's Consumer Price Index (YoY) (Apr): Expected to show a 1.2% increase after a 1.3% increase in March. (06:00 AM CEST / 04:00 UTC)
  2. Germany's Unemployment Rate (Apr): Expected to remain unchanged at 5.1%. (08:55 AM CEST / 06:55 UTC)
  3. UK's GDP (Q1): Expected to show a 0.1% increase after a 0.2% decline in Q4. (09:30 AM BST / 08:30 UTC)

North America

  1. US Non-Farm Payrolls (Apr): Expected to show a 1.1 million increase after a 916,000 increase in March. (12:30 PM EDT / 16:30 UTC)
  2. US Unemployment Rate (Apr): Expected to remain unchanged at 5.5%. (12:30 PM EDT / 16:30 UTC)
  3. US Average Hourly Earnings (MoM) (Apr): Expected to show a 0.2% increase after a 0.3% increase in March. (12:30 PM EDT / 16:30 UTC)

Other

  1. China's Caixin Services PMI (Apr): Expected to show a 54.5 reading after a 54.3 reading in March. (02:00 AM EDT / 06:00 UTC)

These news events may impact the Forex market, so it's essential to stay informed and adjust your trading strategy accordingly.