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Forex Focus on US MBA mortgage applications
Forex Focus on US MBA mortgage applications

Forex Focus on US MBA mortgage applications

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Nikolas Papas Forex Analyst
    Summary:
  • EURGBP traders await the Germany July import price index and Germany September Gfk consumer confidence survey due at 6:00GMT. The Eurozone July M3 money

EURGBP traders await the Germany July import price index and Germany September Gfk consumer confidence survey due at 6:00GMT. The Eurozone July M3 money supply data will be released at 8:00GMT. The Switzerland August Credit Suisse investors sentiment survey will be released at 8:00GMT.

In the US forex calendar, the US MBA mortgage applications w.e. 23 August will be released at 11:00GMT. The EIA Crude Oil Stocks Change is due at 14:30.

Australia Construction Work Done came in at -3.8%, below forecasts of -1% in 2Q, 2019.

The central bank of China set the Yuan rate (USDCNY) at 7.0835 at the lowest level in 11 years, versus yesterday fix at 7.0810.

Investors closely watch the latest developments in US-China trade war, Brexit news and Italian politics.

Asian indices trading mixed today after Wall Street indices ended lower.  EURUSD is trading 0.0% lower at 1.1087, the USDJPY is 0.10% higher at 105.82 while the AUDUSD is 0.20% lower at 0.6738.

Forex Focus on US MBA mortgage applications Forex Focus on US MBA mortgage applications