| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 06:30 | Switzerland | Consumer Price Index (MoM) | April | 0% | 0.1% | 0.3% |
| 07:55 | Germany | Manufacturing PMI | April | 41.9 | 42.2 | 42.5 |
| 08:00 | Eurozone | Manufacturing PMI | April | 46.1 | 45.6 | 45.7 |
USD traded a little changed against other major currencies in the European session on Thursday as investors continued to digest yesterday’s messages from the Federal Reserve.
The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, traded at 105.76, unchanged from the previous close.
Yesterday, the Fed’s policymakers voted unanimously to leave interest rates at the current level of 5.25-5.50%, as widely expected. They acknowledged that there had been a lack of further progress toward reaching the 2% inflation target in recent months. However, commenting on the Fed’s latest decision, the U.S. central bank’s governor chairman Jerome Powell stated that, in his view, it’s unlikely that the next policy rate move would be a hike.
Investors' focus is now gradually turning to the U.S. employment situation report for April, which is to be released tomorrow and is expected to shed more light on the health of the U.S. jobs market.