During the Asian session, quotes of major currencies paired with the dollar changed insignificantly and demonstrated lateral dynamics.
At the closing of the market yesterday, the EUR/USD rate rose to the level of 1.1580, near which it is traded during the Asian session.
Today, there are no important releases in the macroeconomic calendar of the Eurozone, so the movement of the instrument will be affected by statistics from the US, where the minutes of FOMC meeting will be published (at 20:00 GMT+2).
During the Asian session, the GBP/USD rate rose to the level of 1.2908. The pair is supported by a general weakening of the US currency, as well as yesterday's positive statistics from the UK on net public sector borrowings. In July, Public Net Borrowings fell by 2.9 billion, and its overall surplus reached 1.1 billion pounds, the highest for the past 18 years.
Today, there are no important releases in the macroeconomic calendar of the UK, so the movement of the instrument will be affected by statistics from the US.
USD/JPY was the only pair that managed to strengthen during the night trading. Amid weak statistics from Japan on the activity index in all sectors, the USD/JPY rate rose to the level of 110.48.
Today, traders will focus on the publication of the US Fed protocol.
The AUD/USD rate changed slightly and is trading around the level of 0.7354. In the absence of important releases from Australia, the movement of the instrument will be affected by statistics from the US.
Gold quotes are consolidating near the level of 1195.31 and have changed insignificantly during the Asian session.
The material published on this page is produced by the Claws&Horns Company and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.