Summary of the most interesting economic events from the trading week of April 10-16, 2023

Welcome to our regular Monday recap of the most important fundamentals that influenced our trading last week.

He brought us some data, especially from the USA and Canada.

Read on to keep up to date.

EUR

From the euro area, last week we received only the month-on-month retail sales data, which came in as expected.

AUD

Last week's Australian labour market numbers surprised the market significantly.

CAD

The Bank of Canada (BOC) left its key interest rate unchanged on Wednesday, meeting market expectations.

USD

Last week's expected news was the current inflation rate in the US, which brought lower numbers and the USD weakened in response to the data.

And what's in store for the current trading week?

This week will bring us mainly inflation data. On Tuesday at 14:30 the latest Canadian inflation data will be released.

Sources:

https://www.investing.com

https://www.forexlive.com

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