Source: Economic Events May 13, 2019 - Admiral Markets' Forex Calendar

Despite a relatively thin economic calendar today, the aftermath of the developments surrounding trade negotiations between the US and China will continue to drive global financial markets and leave u

Source: Economic Events May 10, 2019 - Admiral Markets' Forex Calendar

The main focus in the USD/JPY switched to the trade talks between the US and Chinese after Trumps announcement of new tariffs on Chinese products from today

As a result, the USD/JPY took on bearish mom

Source: Economic Events May 8, 2019 - Admiral Markets' Forex Calendar

After the Bank of Canada fully abandoned its bias towards raising interest rates during April 24th's meeting, the USD/CAD pushed slightly above 1.3500, but didn't take on any further bullish momentum

Source: Economic Events 06 May 2019 - Admiral Markets' Forex Calendar

Even though the economic calendar is relatively thin into the start of the week, it will be interesting to see the aftermath of the Non-Farm Payrolls last Friday, Retail Sales data from the Eurozone

Source: Economic Events May 3, 2019 - Admiral Markets' Forex Calendar

Today, the eyes of the market will be on the Non-Farm Payrolls, hoping to spot any signal that they'll act as an accelerator in Gold for a break below 1,266 USD.

In our opinion, c