Correction Continues Until Friday

EUR / USD, GBP / USD

The market for the British pound, which first experience pressure on the speech of Bank of England Deputy Chairman Ben Broadbent about the unpreparedness of the economy to raise rates, recovered a little later in spirit with the release of good data on labor.

Today, J. Yellen speaks in the Senate with similar statements (17:00 MSK).

At 21:00 MSK a report on US budget for June- a forecast of -36.2 billion dollars - will be published.

For the euro, consolidation will be waited until tomorrow when retail sales will be released in the range of 1.1430 / 65, while the pound sterling may have a correction towards 1.2970.

AUD / USD.

Yesterday began for the Australian dollar with good news about the growth of Westpac's consumer sentiment.

Today, support has come again from China: the trade surplus in June rose to $ 40.81 billion to $ 42.77 billion, exports rose from 8.7% y / y to 11.3%, with an expectation of 8.7% y / y.