There were no major moves during the Asian trading session, however we have some events today, which may affect the sentiment in the market.
Cryptocurrencies are going down... What may signal a recovery?
The risk sentiment remains under pressure after the comments by China about the countermeasures against the US tariffs. Thus, the AUD/USD and the USD/JPY pairs will be under our attention.
During the European trading session, both the US and the UK yield curves inverted.
Levels for Wednesday's trading
The sentiment in the market gets better
Australia will release the level of employment change and unemployment rate on August 15, at 4:30 MT time.
Risk aversion intensifies
Pay attention to the following events...
The USA will release the levels of CPI and core CPI on August 13, at 15:30 MT time.
Key levels for Monday's trading
Check the key levels for the four main cryptocurrencies and think about your next steps!