Is there any hope for the aussie to recover?
Tag - interest rates
The Reserve bank of New Zealand will make its statement and announce an official rate on August 7, at 5:00 MT time.
The BOE statement is on the agenda
The Fed rate decision is close, let's check the key levels for the pairs!
The monetary policy summary by the Bank of England will be out on August 1, at 14:00 MT time.
The Federal Open Market Committee will release its statement and announce the interest rate on July 31, at 21:00 MT time.
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 European Central Bank will publish its monetary policy statement and announce the official rate on July 25, at 14:45 MT time.
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.
Eventful Wednesday is coming...
The Bank of Canada will publish its statement on July 10, at 17:00 MT time.