- Asian session review: the dollar fell slightly against the major currencies
Market news
Asian session review: the dollar fell slightly against the major currencies
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:30 | Japan | Manufacturing PMI | July | 52.4 | 53.0 | |
| 01:00 | Australia | MI Inflation Gauge, m/m | July | 0.4% | 0.5% | |
| 01:30 | Australia | ANZ Job Advertisements (MoM) | July | 1.5% | -0.5% | |
| 01:45 | China | Markit/Caixin Manufacturing PMI | July | 51.3 | 51 | 50.3 |
| 05:00 | Japan | Consumer Confidence | July | 37.4 | 37.5 | |
| 06:00 | Germany | Retail sales, real adjusted | June | 4.6% | 2% | 4.2% |
| 06:00 | Germany | Retail sales, real unadjusted, y/y | June | -1.8% | 6.2% | |
| 06:30 | Switzerland | Retail Sales (MoM) | June | -2.3% | -3.5% | |
| 06:30 | Switzerland | Retail Sales Y/Y | June | 2.8% | 0.1% | |
| 06:30 | Switzerland | Consumer Price Index (MoM) | July | 0.1% | -0.1% | -0.1% |
| 06:30 | Switzerland | Consumer Price Index (YoY) | July | 0.6% | 0.7% | 0.7% |
During today's Asian trading, the US dollar fell slightly against major currencies, while the dollar index is held near the minimum for the month.
The ICE index, which tracks the dynamics of the dollar against sex currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell by 0.07%.
Traders are waiting for the results of the meetings of the Reserve Bank of Australia and the Bank of England, as well as statistical data on the US labor market this week.
The US currency was under pressure after the meeting of the Federal Reserve System (Fed). The Federal Reserve said at the end of the meeting on July 27-28 that the US economy continues to recover, despite the renewed increase in the incidence of COVID-19, and the central bank does not intend to rush to curtail incentives.
The Australian dollar rose slightly against the US dollar, as investors prepare for the meeting of the Reserve Bank of Australia, the results of which will be announced tomorrow.
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