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On the economic calendar this morning, it was a calm start to the day. After a busy start to the week, there were no noteworthy statistics for the markets to contemplate during the early Asian session.
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The Japanese yen was down 0.02 percent to JPY110.640 against the US dollar at the time of writing, while the Australian dollar was down 0.04 percent to $0.7494. The New Zealand dollar rose 0.09 percent to $0.7017. The Day to Come
In terms of the Euro
On the economic data front, today will be a bit calmer. The May industrial production data in Germany will be released later today.
Expect the figures to sway the markets because there isn’t much else to examine.
However, any significant gains may be put on hold as the markets await the release of the FOMC meeting minutes later in the day.
The EUR was down 0.03 percent to $1.1821 at the time of writing.
Pound for Pound
On the economic calendar, today is a calm day. House price data for June will be released later today.
However, the data are unlikely to have an impact in the immediate term, as markets continue to follow COVID-19 news.
The Pound was up 0.01 percent to $1.3802 at the time of writing.
The JOLTs job vacancies for May are expected to be released later today. We don’t expect the data to have any impact after last week’s nonfarm payrolls.
The FOMC meeting minutes are also due out late in the US session, and will have a significant impact on the markets.
The Dollar Spot Index rose 0.36 percent on Tuesday, ending the day at 92.546.
The Loonie is a currency used in Canada.
On the economic data front, it’ll be a rather quiet day. The Ivey PMI for June will be released later today.
Expect the numbers, as well as crude oil inventory numbers, to have an impact.
The Loonie was up 0.02 percent to C$1.2459 against the US Dollar at the time of writing.
Check out our economic calendar for a complete list of today’s economic happenings./n
