We are in the full swing of Summer trading conditions, but will a focus on monetary policy and unease in investor positioning break the quiet?US Dollar as ‘Data Dependent’ as the Fed as NFPs ApproachThere are periods where the Dollar – and all other assets for that matter – finds its price action is divorced from the influence of regular event risk. This does not look to be one of those times.GBP Opening Monthly Range Hinges on BoE Vote Count, Inflation ReportThe Bank of England’s (BoE) interest rate decision on August 9 is likely to heavily impact the British Pound and dictate the monthly opening range for GBP/USDJapanese Yen: Up or Down? Next Week Holds the KeysSignificant reversal in China and broader financial markets sparked a swift reversal and ultimately pushed the currency to fresh monthly lows. Here’s what to watch.Australian Dollar Looks to RBA, US Jobs Data to Drive VolatilityThe Australian Dollar is likely to turn volatile anew as the RBA monetary policy announcement and much-anticipated US jobs data comes across the wires.Gold Holds Key Support – NFPs to Shape August Opening RangeGold prices are lower for a sixth consecutive week with the precious metal down 0.36% to trade at 1095 ahead of the New York close on Friday.
Translate to English Show original