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The FxPro Analyst Team

US Michigan Consumer Sentiment Index Close to Higher Than Pre-Crisis Levels

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At 12:00 GMT, US Fed Boston President Rosengren is due to deliver the keynote speech on the economic outlook, at the Greater Boston Chamber’s Economic Outlook Breakfast. Comments made may result in movement in USD crosses.

At 13:00 GMT, the US Fed’s Bullard is due to make a scheduled speech on “Living Standards across US Cities” in a lecture at Washington University. Comments could cause moves in USD pairs.

At 14:00 GMT, US Michigan Consumer Sentiment Index (Apr) is expected to come in at 100.5 against a previous 101.4. The previous reading was a record high for the index and a slight slip back lower is expected this time around.

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At 17:00 GMT, FOMC Member Kaplan is due to make a scheduled speech at an Odessa Chamber of Commerce Member Luncheon. Comments may affect USD pairs.

At 17:00 GMT, Baker Hughes US Oil Rig Counts is due to be released, with a headline number from last week of 808. This was the highest level reached in some time. WTI Oil can become volatile around this data release and will be in traders’ minds when trading resumes on Monday.