Summary of the most interesting economic events from trading week 3. - 9. July 2023

Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.

Let's recall a few highlights together!

EUR

Thursday's retail sales data from the euro area brought no change.

USD

We got more on the US dollar (USD) last week and the volatility in the market was noticeable. The market got excited on Thursday on a positive surprise in the form of ADP.

CAD

Friday's labour market data, unlike the US dollar, was positive for the ,,Canadian,,.

AUD

The Reserve Bank of Australia (RBA) kept its key interest rate unchanged at 4.1% at its meeting on Tuesday.

What's in store for the current trading week?

This week we will be looking at the fundamentals which will mainly impact GBP, USD, NZD and CAD.

11.7. Tuesday - UK labour market 8:00

Sources:

https://www.investing.com

https://www.forexlive.com

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