# Forex Major Currencies Outlook (May 15, 2015) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/ Language: en Updated: 2015-05-15 Description: Explore Forex Major Currencies Outlook (May 15, 2015). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar managed to regain a bit of ground in recent trading sessions, even though data from the US economy came in mostly weaker than expected. Initial jobless claims were better than expected but the PPI readings indicated that weaker price pressures are to be expected. The headline PPI showed a 0.4% drop instead of the projected 0.1% uptick while the core figure showed a 0.2% decline. For today, the Empire State manufacturing index, preliminary UoM consumer sentiment figure, and the industrial production and capacity utilization reports are due. **EUR** The euro extended its climb against its forex counterparts despite the lack of data from the economy. European banks were closed for the holiday, leaving traders to take their cues from German bond yields and risk sentiment. For today, there are still no reports lined up from the region. **GBP** The pound was able to sustain its recent rallies as data from the UK came in better than expected. The RICS house price balance showed a 33% figure, much higher than the projected 22% reading, while the previous report enjoyed an upward revision. UK construction output is due today, along with the leading index. Better than expected data could allow the currency to end the week with strong gains. **CHF** The franc managed to regain ground in yesterday’s trading sessions even without any help from economic data. The currency followed in the euro’s footsteps and was able to advance against its counterparts. For today, Swiss PPI data is due and a 0.1% decline in producer prices is eyed. **JPY** The yen recovered against some of its currency rivals as risk appetite faded in recent trading. Earlier today, data from Japan showed a 2.1% decline in producer prices and a decline from 41.7 to 41.5 in consumer confidence. Nonetheless, BOJ Governor Kuroda remained confident that no further stimulus is necessary. No other reports are due from Japan today, leaving the yen sensitive to risk flows again. **Commodity Currencies (AUD, NZD, CAD)** The comdolls popped higher at the start of the day, mostly due to upbeat retail sales data from New Zealand, then gave back their gains as risk appetite weakened later on. There have been no reports released from the comdoll economies then while today only has the manufacturing sales report from Canada, which might show a 1.2% rebound. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/", "headline": "Forex Major Currencies Outlook (May 15, 2015)", "inLanguage": "en", "datePublished": "2015-05-15T09:35:22+00:00", "dateModified": "2015-05-15T09:35:22+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (May 15, 2015). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding.", "image": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/og-default.png" }, "author": { "@type": "Organization", "@id": "https://www.tradersway.com/#organization" }, "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": [ "Organization", "FinancialService" ], "@id": "https://www.tradersway.com/#organization", "name": "Trader's Way", "alternateName": "TradersWay", "legalName": "TW Corp LLC", "description": "Trader's Way is the trading brand of TW Corp LLC, a company registered in Anguilla under number A000001731. It provides online leveraged trading in forex, metals, energies, stock indices and cryptocurrencies through MetaTrader 4, MetaTrader 5 and cTrader, with Market execution, a 40% stop out level and a minimum initial deposit of 10 USD. The company holds no financial services licence and does not direct its services to residents of the United States or the United Kingdom.", "url": "https://www.tradersway.com", "foundingDate": "2011", "logo": { "@type": "ImageObject", "url": "https://www.tradersway.com/wp-content/themes/tradersway/images/logo-square-512.png" }, "address": { "@type": "PostalAddress", "streetAddress": "No. 9 Cassius Webster Building, Grace Complex", "postOfficeBoxNumber": "1330", "addressLocality": "The Valley", "postalCode": "AI-2640", "addressCountry": "AI" }, "contactPoint": { "@type": "ContactPoint", "contactType": "customer support", "email": "support@tradersway.com" }, "areaServed": "Worldwide, excluding the United States and the United Kingdom", "knowsAbout": [ "Foreign exchange trading", "Contracts for difference", "Leveraged trading", "Precious metals trading", "Energy commodities trading", "Stock index trading", "Cryptocurrency trading", "MetaTrader 4", "MetaTrader 5", "cTrader" ], "sameAs": [ "https://www.trustpilot.com/review/www.tradersway.com", "https://www.forexpeacearmy.com/forex-reviews/8129/tradersway-forex-brokers", "https://www.youtube.com/c/tradersway" ], "identifier": { "@type": "PropertyValue", "propertyID": "Anguilla company registration number", "value": "A000001731" }, "location": { "@type": "Place", "address": { "@type": "PostalAddress", "streetAddress": "Radnicka 147", "addressLocality": "Valjevo", "postalCode": "14000", "addressCountry": "RS" } } }, { "@type": "WebSite", "@id": "https://www.tradersway.com/#website", "url": "https://www.tradersway.com", "name": "Trader's Way", "publisher": { "@id": "https://www.tradersway.com/#organization" } }, { "@type": "BreadcrumbList", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://www.tradersway.com/" }, { "@type": "ListItem", "position": 2, "name": "Resources", "item": "https://www.tradersway.com/resources/" }, { "@type": "ListItem", "position": 3, "name": "Market Info", "item": "https://www.tradersway.com/resources/market-info/" }, { "@type": "ListItem", "position": 4, "name": "Forex Major Currencies Outlook (May 15, 2015)", "item": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-may-15-2015/" } ] } ] } ``` ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Person", "@id": "https://www.tradersway.com/#wayne-mcdonell", "name": "Wayne McDonell", "jobTitle": "Chief FX Strategist", "description": "Chief FX Strategist at Trader's Way, trading forex publicly since 2004. His analysis has appeared in the Wall Street Journal, Bloomberg Television, Fox Business, Futures Magazine and FOREX Journal Magazine. Author of \"Strategic and Tactical Forex Trading\".", "worksFor": { "@id": "https://www.tradersway.com/#organization" }, "knowsAbout": [ "Foreign exchange market", "Technical analysis", "Fundamental analysis", "Forex trading strategy" ], "sameAs": [ "https://www.youtube.com/c/tradersway" ] }, { "@id": "https://www.tradersway.com/#organization", "employee": { "@id": "https://www.tradersway.com/#wayne-mcdonell" } } ] } ```