After a slight decline, the EUR/USD rate found support at the level of 1.1322.

Today, the Eurozone macroeconomic calendar does not contain important releases, so EUR/USD traders will be guided by statistics from the US, where data on retail sales (14:30 GMT+2) and industrial production (15:15 GMT+2) will be released today. Retail sales may drop from 0.5% to 0.1%, and the industrial production index from 0.6% to 0.3%. Confirmation of the forecast can support the EUR/USD exchange rate.


GBP/USD fell to the area of ​​1.2695. Market participants are waiting for today's data on the consumer price index and the retail price index in the UK (10:30 GMT+2). It is expected that in annual terms, inflation will rise to 2.5% in July from 2.4% a month earlier. The index of retail prices, according to forecasts, in monthly terms may fall from 0.3% to 0.2%.


The USD/JPY rate during the Asian session tested a weekly high at 111.42, after which it slightly adjusted downwards. Currently, there is a low trading activity and lateral movement of the exchange rate. Investors are waiting for the publication of macroeconomic statistics from the US on retail sales and industrial production for July. It is expected that both indicators will decrease, which may put pressure on the rate of USD/JPY.


The AUD/USD fell to the 0.7202 area during the Asian session. Statistics from Australia, published today, on the salary index was not bad, but could not provide significant support for the rate of AUD/USD. The wage index in quarterly terms, as predicted, rose to 0.6% in the second quarter from 0.5% in the previous period. In annual terms, the value of the indicator remained unchanged at the level of 2.1%.


Quotes of gold fell to the area of ​​the level of 1187.50 against the background of the general strengthening of the American currency.

Morning Market Review

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