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Forex Focus on Fed’s Decision

Forex Focus on Fed’s Decision
Forex Focus on Fed’s Decision

Focus is on the FOMC decision today but before that EURUSD traders will watch the Germany June retail sales data due 6:00GMT at 6:45 GMT the France July preliminary CPI figures will be released and the Spain Q2 preliminary GDP report is due 7:00GMT at 7:55GMT  the Germany July unemployment change, rate will be released. At 9:00GMT we have the Eurozone July preliminary CPI figures, Eurozone Q2 preliminary GDP report, Eurozone June unemployment rate and Italy July preliminary CPI figures. Also at 10:00GMT from Italy we await the Q2 preliminary GDP report.

GBPUSD traders await the UK July Nationwide house prices data 6:00GMT.

At 18:00GMT all eyes will be on the Fed Interest Rate Decision.

Japan Annualized Housing Starts climbed from previous 0.9M to 0.922M in June. Japan Consumer Confidence Index came in at 37.8 below expectations of 38.6 in June.

Australia Consumer Price Index (YoY) came in at 1.6% above expectations of 1.5% in 2Q. Australia Consumer Price Index (QoQ) came in at 0.6% above forecasts (0.5%) in 2Q. The Australia Private Sector Credit (YoY) declined to 3.3% in June from previous 3.6%.

New Zealand ANZ Business Confidence came in at 44.3 below expectations of-34.9 in July; ANZ Activity Outlook registered at 5%, below expectations of 8.3% in July.Don’t miss a beat! Follow us on Twitter.