Today the central bank of Turkey cut its interest rate from 24% to 19.75% (vs. 21.5% expected).
Due to the recent headlines and dovish comments by the ECB president Mario Draghi, there is a 50/50 chance of a rate cut.
The ECB and the Central bank of Turkey are in the spotlight today.
The United States will publish the advance GDP growth on July 26, at 15:30 MT time.
Yesterday, the US Justice Department announced a broad antitrust review ...
The EUR and the AUD are weak
Boris Johnson becomes the new PM of Great Britain
The European Central Bank will publish its monetary policy statement and announce the official rate on July 25, at 14:45 MT time.
Your daily cup of news
The main question for this week is whether the ECB will stick to its dovish tone. In addition, wait for the important releases for the EUR and the USD.
The trading session has not so many events, so let's look at the main of them
Bitcoin could not resist the $10,924 level and fell below the 50-day SMA on Tuesday.