The pair EUR/USD was able to increase to the level of 1.1688 in view of the absence of important macroeconomic releases from the EU. Today, investors are waiting for the publication of June data on the trade balance of the EU (11:00 GMT+2). It is expected that in May the indicator will increase from EUR 16.7B to 20.9B, which could strengthen the position of the European currency.


The pair GBP/USD demonstrates positive dynamics and has returned to the level of 1.3244. As there is a lack of key economic releases, the movement of the pound is of technical nature. Today, the impact on the instrument can be provided by the US statistics on retail sales (14:30 GMT+2).


The Australian dollar declines against the US currency. Against the backdrop of an empty macroeconomic calendar, the pair increased to the level of 0.7431.


Today, Japanese banks are closed due to the Day of the Seafarer celebration. USD/JPY rate is consolidating around 112.37 in anticipation of US retail sales statistics. The index may decrease from 0.8% to 0.5%, which will put pressure on the pair.


Quotes of gold are traded in the range with the boundaries of 1236.27–1245.33 and have changed insignificantly. Market participants are waiting for the development of the situation around the US-China trade war.

Morning Market Review

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