
The Reserve Bank of Australia (RBA) will release its interest rates and make a statement on August 2, 7:30 GMT+3.
The UK CPI, Consumer Price Index, will come out on Wednesday, July 20, at 09:00 MT time (GMT+3).
It's an important indicator for currency valuation because rising prices lead the central bank to raise interest rates. Since the UK inflation remains at a 40-year high, the report will cause significant volatility for the British pound.
Last time, the actual data met the expectations. However, inflation remained at a critical level. As a result, GBPUSD lost 630 points the next hour after the release. If you traded one lot, you could have earned $630.
Check the Economic Calendar.
Instruments to trade: GBPUSD, GBPCAD, EURGBP.
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.
The Australian Bureau of Statistics will announce the Consumer Price Index (CPI) on Wednesday, July 27, at 04:30 MT.
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.
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.
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