U.S. dollar stable after economic reports

Weekly synopsis

The U.S. dollar stabilized versus its major counterparts last Friday, following the recent economic reports in the U.S. while the greenback made its first seven months monthly gain.

U.S. dollar index to 92.91

The U.S. dollar index traded to 92.91 stable. The index climbed 0.99% for the week and 0.27% on a monthly basis.

The USD/JPY pair approached 112.49 rising 0.18% ending the month with 2.02% gains, the EUR/USD reached 1.1818 appreciating 0.26%, and the USD/CAD at 1.2467 escalating 0.33%

Weekly major events

On Monday, the U.S. and the U.K will be publishing their manufacturing index, Japan its non-manufacturing and manufacturing indexes, whereas Robert Kaplan Federal Reserve's Bank President is to give a speech. China's financial markets will be non-operational due to holidays.

On Tuesday, U.K will be publishing its construction activity data, Australia its building approvals, the RBA its rate statement, benchmark interest rate, and monetary policy decision. Jerome Powell will be giving a speech in Washington, while Germany's financial markets are to be non-operational.

On Wednesday, the U.S. is to release its September's ADP nonfarm payrolls report and the U.K its service sector activity data. Janet Yellen's, FED Chair, will be giving a speech in St. Louis, and so will Mario Draghi, ECB President, in Frankfurt. China's markets will be closed for holidays.

On Thursday, the U.S. will be releasing its factory orders and jobless claims reports, Canada its trade balance, and Australia its trade balance and retail sales. Patrick Harker, Philadelphia FED President, and Jerome Powell, FED Governor, will be holding speeches in Austin, and the ECB is to release its latest meeting minutes. China's markets will be closed for holidays.

On Friday, the U.S. will be publishing September's nonfarm payroll report, Canada its monthly employment report, the U.K its house price inflation and private sector data, whereas Robert Kaplan, Dallas President, and William Dudley, New York FED President, will be giving speeches. The Chinese market will be closed for holidays.

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