MON: German Ifo Survey (Apr). TUE: Riksbank Announcement, South Korean GDP (Q1), US Richmond Fed Index (Apr), New Zealand Trade Balance (Mar) WED: BoC Minutes, Australian CPI (Mar/Q1), US Durable Goods (Mar). THU: CBRT Announcement, EZ Business Climate (Apr), US GDP Adv. (Q1)/ PCE Prices Adv. (Q1). FRI: BoJ Announcement and Outlook Report, Eurogroup meeting,
EUR/USD: Rate Forecast: USD +0.25%, EUR +0.50% ● Due to the lack of significant economic news, the EUR/USD dynamics in recent days has been determined by statements by representatives of mega-regulators regarding interest rate hikes at the upcoming meetings of the US Federal Reserve on May 2/3 and the ECB on May 4. The