Summary of the most interesting economic events from the business week of 24 - 30 July 2023

Hello everyone, we are sending you the last summary and outlook of this month. We wish you many successful trades for the new month!

EUR

At Thursday's meeting, the European Central Bank raised interest rates by 25 basis points, the ninth rate hike in a row.

USD

The most anticipated event the market focused on was Wednesday's Fed monetary policy meeting

Full report here:

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230726a.htm#

AUD

On Wednesday, we still focused our attention on Australian inflation data, which may provide a clue for this week's Tuesday session.

What's in store for the current trading week?

This week will again be richer in incoming data. Here is a summary of the most important ones:

Tuesday, August 1: AUD - Reserve Bank of Australia meeting (6:30)

                           EUR - labour market data (11:00)

Sources:

https://www.investing.com

https://www.forexlive.com

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