Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Will the RBA cut its rate?
Information is not investment advice
The Reserve bank of Australia will announce its interest rate and release a statement on July 2, at 07:30 MT time.
Most of the analysts predict a rate cut to 1% this time. The market has already started to price in the anticipated decision by the bank. In addition, we need to pay attention to the comments by the RBA governor Philip Loe, as he may throw hints on the future path of the monetary policy by the bank. The Australian dollar may strengthen if the rate cut does not happen and the tone of the statement is optimistic. That would mean that the economy is in good conditions and do not need the additional stimulus. On the other hand, we may see the fall of the aussie.
• If the RBA is hawkish, the AUD will go up;
• If the RBA is dovish, the AUD will go down.
Similar
Three Currencies to Watch This Week
We prepared an outlook of major events of this week. Check it and be ready!
The Fed won't miss these releases!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Popular
Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements.
Crypto Market Changes The Trend
Happy Tuesday, dear traders! Here’s what we follow:
The US Labor Market And Real Estate Market Are In Focus This Week
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
Choose your payment system
