‼️ Economic calendar week 02.05-06.05

1 May 2022

As usual, at the beginning of the month we have a busy week from a fundamental point of view, with presentations of reference rates, NFP, etc. As well, on Monday we have bank holiday on GBP and Tuesday, Wednesday and Thursday on JPY, so we can see less volatility on pairs with these currencies. Seems we could see an increase rates on AUD, USD and GBP, but I think we saw bullish price action on these currencies during last weeks and I expect now a retracement. My recommendation is to avoid trading during these news events.

Take care!