Trump is Stronger than Obama

<b> EUR / USD, GBP / USD </ b>

The start of the decline of counter- dollar currencies has stopped.

But today there is also no significant data scheduled.

But even against a quiet background, the internal tensions in the markets may increase ahead of the speech of the head of the Federal Reserve, Janet Yellen, in the Congress tomorrow.

The anticipated news was the official nomination of Randal Quarles by the White House administration for the vacant position of vice-president of the Federal Reserve after the resignation of Daniel Tarullo "Trump Man" in April.

We are expecting the euro in the range of 1.1260-1.1300, the pound sterling in range 1.2810 / 30 and further in the range of 1.2710 / 30.

<b>AUD / USD</b>

Today, the Australian dollar decided to maintain the positive trend of the previous two days, helped by NAB's business confidence index in June: business conditions increased from 12 to 15 while business confidence rose from 7 to 9. Housing loans increased by 1.0% percent in May (forecast 1.5% 0, but the volume of investment in real estate declined by 1.4%. Iron ore added 1.55% to 63.84 dollars. the US dollar is not much stronger, and Australian speculators decided to take advantage of the situation. On Thursday , the Chinese trade balance performance will be released and in the short term this will have a more serious impact on the "Aussie" - the forecast is 273 billion yuan for June against 282 billion yuan in May on Friday, good retail sales are expected. in the US (0.2% in June), and speculators on the Australian dollar may become very uncomfortable. the AUD / USD is expected to be at 0.7520.