Summary of the most interesting economic events from the trading week of July 17-23, 2023

Welcome to the regular Monday recap of last week's fundamentals, in which inflation played a major role.

Let's take a look at the most important things together.

EUR

Wednesday's data on the current inflation rate confirmed the European Central Bank's hawkish stance.

GBP

On Wednesday, inflation data also came from the UK, which disappointed the market slightly.

USD

Thursday's report on the number of Americans filing for unemployment benefits fell to 228,000 from the previous week.

AUD

The Australian labour market showed surprising numbers on Thursday, to which AUD strengthened in the first reaction.

What's in store for the current trading week?

The more interesting events in fundamental will be brought to us in the second half of the week, in which we will focus on these events:

Wednesday 26 July - Australian inflation rate (3:30)

Sources:

https://www.investing.com

https://www.forexlive.com

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