This week's calendar is hotting up - UOB

FXStreet (Guatemala) - Lee Sue Ann at the UOB Group explained that the greenback has stabilized and recovered somewhat from the more pronounced losses registered last week.

Key Quotes:

"Attention remains very much on developments in the German/Eurozone bond markets specifically and in global bonds generally."

"Otherwise, the key focus in the US will probably be the release of the minutes for the 28-29 April 2015 FOMC meeting on Wednesday (release time is 21 May 2015, 2:00am Singapore time)."

"The key US manufacturing data this week will be the May preliminary Markit US manufacturing PMI survey on Thursday."

"Other US manufacturing-related data releases include April Chicago Fed National Activity index, May Philadelphia Fed business outlook, and the May Kansas City Fed manufacturing activity survey (all on Thursday as well)."

"But the key US data this week will probably be the April CPI inflation data on Friday whilst the US housing data will also garner market interest as markets continue to closely monitor the US housing recovery in April after the bad weather months in 1Q."

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