Canadian GDP: the end of loonie’s consolidation?
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The British pound has risen on Brexit hopes
Information is not investment advice
GBP/USD has risen by more than 80 pips as the British PM Boris Johnson succeed in backing his Brexit plan by his colleagues in the Conservative party. The cable has tested the resistance at 1.2380 on the news. If it is broken, the next key resistance level will lie at 1.2419. From the downside, it is recommended to pay attention to the support levels at 1.2315-1.2324. The next support lies at 1.2294.
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USD is waiting for the jobless claims!
The US unemployment claims are announced on Thursday at 15:30 MT time.
Will the Australian Monetary Policy Meeting minutes support the AUD?
The Australian Monetary Policy Meeting Minutes are announced on Tuesday at 04:30 MT time.
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Risk-on is back on the market
The market sentiment has switched to risk-on, driving upwards stocks and riskier currencies and weighing on the US dollar.
Crucial event for Forex: NFP
Non-Farm payrolls will be out on Friday at 15:30 MT time! Are you ready?
All attention to USD
US ISM Manufacturing PMI is coming out on Thursday at 17:00 MT time! Be ready!
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