Foreign exchange market. Asian session: currencies traded slightly changed in the any major economic reports

Economic calendar (GMT0):

02:00    China          Leading Index                         April          +1.2%               +0.9%

06:00    Germany     GDP (QoQ) (Finally)                Quarter I    +0.8%  +0.8%   +0.8%

06:00    Germany     GDP (YoY) (Finally)                 Quarter I   +2.2%  +2.2%   +2.3%

08:00    Germany     IFO - Business Climate             May           111.2    111.0     110.4

08:00    Germany     IFO - Current Assessment       March        115.3    115.6     114.8

08:00    Germany     IFO - Expectations                  March        107.3    106.9     106.2

The U.S. dollar traded mixed against the most major currencies. The U.S. currency was supported by the positive U.S. economic data, published on Thursday. U.S. flash manufacturing purchasing managers' index rose to 56.2 in May, from 55.4 in April. Analysts had forecasted a gain to 55.6.

Sales of existing homes in the U.S. climbed to 1.3% in April to an annual rate of 4.65 million units, missing expectations of a 2.2% gain to 4.68 million. That was the first increase in 2014.

The New Zealand dollar traded little changed against the U.S. dollar in the absence of any major economic reports in New Zealand. The Conference Board released its April leading economic index for China. The index increased 0.9% in April, from a 1.2 gain in March. Market participants remained unimpressed by this release. China is New Zealand’s second-largest trading partner.

The Australian dollar traded higher against the U.S. dollar in the absence of any major economic reports in Australia.

The Japanese yen traded slightly higher against the U.S. dollar in the absence of any major economic reports in Japan.

EUR/USD: the currency pair declined to $1.3640

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair declined to Y101.65

The most important news that are expected (GMT0):

09:00    Eurozone     European Parliamentary Elections                                                       

12:30    Canada        Consumer Price Index m / m                                   April      +0.6%  +0.3%  

12:30    Canada        Consumer price index, y/y                                       April      +1.5%                 

12:30    Canada        Bank of Canada Consumer Price Index Core, m/m   April      +0.3%  +0.2%  

12:30    Canada        Bank of Canada Consumer Price Index Core, y/y     April      +1.3%                 

13:00    Belgium        Business Climate                                                      March    -4.6       -4.7       

14:00    U.S.              New Home Sales                                                      April      384        426