Foreign exchange market. Asian session: the New Zealand dollar climbed over 1% against the U.S dollar after the interest hike in New Zealand

Economic calendar (GMT0):

01:00    Australia       Consumer Inflation Expectation        June      4.4%                  4.0%

01:30    Australia       Changing the number of employed   May       10.3      10.3       -4.8

01:30    Australia       Unemployment rate                          May       5.8%     5.9%     5.8%

06:45    France         CPI, m/m                                           May       0.0%   +0.1%     0.0%

06:45    France         CPI, y/y                                             May      +0.7%                +0.8%

08:00    Eurozone     ECB Monthly Report                          June

The U.S. dollar traded mixed against the most major currencies. Market participants are awaiting the release of the U.S. initial jobless claims and retail sales later in the trading day.

The New Zealand dollar climbed toward 1-month highs against the U.S dollar after the interest hike in New Zealand. The Reserve Bank of New Zealand (RBNZ) raised its interest rate to 3.25% from 3.00%. New Zealand’s central bank commented that borrowing costs could rise again this year.

The Australian dollar traded mixed against the U.S. dollar after the mixed labour market data from Australia. The number of employed people in Australia fell by 4,800 in May, missing expectations for a 10,300 rise, after 10,300 gain in April. April's figure was revised down to a 10,300 increase from a 14,200 increase.

Australia's unemployment rate remained unchanged at 5.8% in May. Analysts had expected an increase to 5.9%.

The Melbourne Institute released its inflation expectations for the next 12 months for Australia. The inflation expectations dropped to 4.0% in May from 4.4% in April.

The Japanese yen traded slightly lower against the U.S. dollar after the release of the core machinery orders in Japan. Japan’s core machinery orders dropped 9.1% in April, after a 19.1% gain in March. Analysts had forecasted a 10.8% decline.

On a yearly basis, the core machinery orders in Japan climbed 17.6% in April, after a 16.1% rise in March.

EUR/USD: the currency pair climbed to $1.3545

GBP/USD: the currency pair increased to $1.6800

USD/JPY: the currency pair was up to Y102.15

NZD/USD: the currency pair increased to $0.8659

The most important news that are expected (GMT0):

09:00    Eurozone         Industrial production, (MoM)     April      -0.3%   +0.5%  

09:00    Eurozone         Industrial Production (YoY)       April      -0.1%   +0.9%  

12:30    Canada            New Housing Price Index          April      +0.2%  +0.3%  

12:30    U.S.                 Retail sales                                May      +0.1%   +0.5%  

12:30    U.S.                 Retail sales excluding auto         May       0.0%    +0.4%  

12:30    U.S.                 Initial Jobless Claims                  June      312        306        

12:30    U.S.                 Import Price Index                    May      -0.4%    +0.2%  

14:00    U.S.                 Business inventories                  April      +0.4%  +0.4%  

15:15    Canada            BOC Gov Stephen Poloz Speaks                                                            

22:30    New Zealand    Business NZ PMI                         May       55.2                     

22:45    New Zealand    Food Prices Index, m/m             May       +0.6%                 

22:45    New Zealand    Food Prices Index, y/y               May       +1.5%