The rate of EUR/USD during the Asian session fell to 1.1627 due to correction. Today, investors will pay attention to statistics on IFO - Business Climate index in Germany. The indicator is expected to grow to 101.9 points in August from 101.7 points a month earlier. If this assumption is right, it will support the rate in the short term.


The rate of the GBP/USD changed insignificantly during the night trading. In the absence of important macroeconomic releases, quotes consolidate at the level of 1.2847.


The USD/JPY fell to the level of 111.00 during the Asian session. In the absence of the news, there is a decreased trading activity.


The rate of the pair AUD/USD after active growth corrected to the level of 0.7324 during the Asian session. In general, AUD continues to get support from political factors. Scott Morrison, who is considered an experienced politician and economist, became the new Prime Minister of Australia.


Gold quotes have changed insignificantly and are traded within the narrow range with borders at 1203.13–1208.20.

Morning Market Review

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