
The Bank of England (BoE) will share its Official Bank Rate and make a statement on monetary policy on August 4, 14:00 GMT+3.
On Thursday, the Australian and New Zealand dollars were fluctuating near multi-month maximums after the publication of firm Australian retail sales data and as the US currency was pressured by news that China might stop its American bond purchases.
The currency pair AUD/USD rallied 0.33% being worth 0.7869, having hit a three-month maximum of 0.7886 reached overnight.
The Australian Bureau of Statistics informed that in November retail sales soared by 1.2%, surpassing hopes for a jump of 0.4% and after a 0.5% ascend in October.
The currency pair NZD/USD was intact at 0.7198, which is off last session's four-month maximum of 0.7229.
The US currency weakened broadly reacting to reports that China could slow or even stop its American treasury purchases, with the US currency on track to report its biggest single-day sag versus the Japanese yen for seven weeks.
Assessing the greenback’s value versus a trade-weighted basket of six main currencies, the US dollar index stood still 92.17.
The Bank of England (BoE) will share its Official Bank Rate and make a statement on monetary policy on August 4, 14:00 GMT+3.
The Reserve Bank of Australia (RBA) will release its interest rates and make a statement on August 2, 7:30 GMT+3.
The Federal Open Market Committee (FOMC) will update the Federal Funds Rate and make a statement about future monetary policy on July 27 at 21:00 MT.
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.
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