Let’s take a look at the economic calendar and the most important events that will shake markets next week.
AUD/USD: forecast for July 3-7
There is a Reserve Bank of Australia policy meeting on Tuesday. Most strategists believe that the board will adopt a more hawkish stance and leave unchanged its monetary policy settings. The RBA has been neutral all this time but with the shift in tone from other central banks and more signs of improvement for the Australian economy, it will likely release a hawkish statement.
Check key levels for USD/CAD and CAD/JPY.
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Find out the key levels for trading the GBP and the NZD ahead of the important releases.