USD/JPY
Technically
the pair is currently testing the level of 112.00, after it is another support in the area of
111.70/50, and after it - 110.00. However,
weakening of the dollar will not be enough for a stable yen growth. We
need confident support from the Bank of Japan which will have a meeting on this
Thursday, July 20.
AUD/USD
Today
the Reserve Bank of Australia
published an optimistic record of its last meeting. The
regulator mentioned the improvement of economic conditions and in particular the
improvement of the state on the labor market, where unemployment fell to the
four-year lows at 5.5%. Now
the pair is consolidating in the upper part of the range 0.79-78, while its
dynamics for the next sessions will be determined by the moods on the US dollar.
Follow us on our Website, Facebook or Twitter
Real Trade Client Support
E-mail: info@realtrader.org
