EUR/USD

Quotations of the pair EUR/USD during the Asian session corrected to the level of 1.1680 after the growth during the American session and testing the level of 1.1732. No significant macroeconomic data are expected in the eurozone, so the investors will be focused on a vote on the draft Italian budget for the next year, according to which pensions and household incomes should substantially increase. Experts believe that new spendings could significantly increase Italian public debt, which already exceeds 130% of GDP. In the afternoon, the statistics on US GDP for Q2 2018 (14:30 GMT+2) can influence the rate of the instrument. It is expected that the value of the indicator may decrease to 3.0% for the reporting period from 3.2% in the previous quarter. If this assumption is right, it will support the rate in the short term.

GBP/USD

The pair GBP/USD moved to a decline against the background of the general strengthening of USD after the active growth towards the end of the US session and fell to the area of 1.2847 during the morning trading. Due to the absence of significant economic releases from the UK, the instrument movement will be affected by news from the US.

USD/JPY

Quotations of the pair USD/JPY corrected to the level of 111.13 after moderate growth and testing the level of 111.30. Today, investors are waiting for the publication of data on US GDP (14:30 GMT+2), and on Thursday they will pay attention to the publication of data on retail sales in Japan for July.

AUD/USD

The rate of the pair AUD/USD decreased by 40 points, falling to the level of 0.7303 during the morning trading. Due to the absence of significant economic releases from Australia, the instrument movement will be affected by news from the US.

Gold

Quotes of gold fell to 1202.00 amid a general strengthening of the US dollar.

Morning Market Review

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