This week, most news will be provided by Central banks, and the flow of statistics will not leave any room for boredom and spleen.

Central banks: no time to pause

This week, meetings will be held in the Central banks of Turkey, Thailand, Egypt, the Czech Republic, India, and Romania. In most cases, credit and monetary policy will remain without change. This is good for risky assets that might still enjoy demand.

USD: all eyes on statistics

This week, the USA is publishing employment market statistics, which are especially anticipated after Jerome Powell' comments. The NFP might have grown by 900 thousands in July, which can support the USD greatly.

AUD: everything depends on the RBA decision

This week, the Reserve Bank of Australia will have a meeting and make a decision on the interest rate. The latter is expected to remain as 0.10% annually, but we might see more clear signals of winding up the stimulation. This can make AUD stronger.

GBP: the Bank of England will show the way

The Bank of England is also having a meeting this week. The interest rate here will remain at 0.10% annually, no changes are forecast. Good news for the GBP is neutral inflation rhetoric.

Brazil: we might experience turbulence

The Central bank of Brazil is also making decisions on its credit and monetary policy this week. The interest rate might grow to 5.25% from 4.25% earlier. In the currencies of developing countries, volatility might grow.


Material is prepared by

A Forex trader with a more than 10-years experience in leading investment banks. She gives her weighted view of markets through analytical articles, regularly published by RoboForex and other popular financial sources.