If memory serves I posted up a preview of the ECB meeting already Ah yes, thoughts from Barclays and UBS here it is, Overall expectations are for not very much at all out of this summer time meeting, but for a few different perspectives (bolding mine) …
I posted those for expiry today here earlier: A look ahead: Thursday July 26 – EUR/USD 1.1700 1.0bn EUR amount – NZD/USD 0.6800 NZD amount 1.8bn
Some of the remarks about the place ahead of more in depth analysis – strong disinflationary pulse – nontradeables inflation stable around 3% – tradeable inflation little changed And, one from the peanut gallery ….
The Australian dollar had been trading to session highs prior to the data Data is here Since the numbers though its fallen a few points: I did a bit of a summary of the influences on the AUD earlier:
Australia second quarter inflation, April to June 2018 Headline comes in at 0.4% q/q … lower than the consensus estimate Its the core measures that are the important ones, both in line with consensus.
This is the reference rate for the onshore yuan, CNY PBOC cracks it through 6.8 Weaker onshore yuan again today … weakest for the CNY since late June of 2017
Looks like markets jostling Lots of mixed headline numbers here: Check out the Euro and Cable charts below for initial reactions, pushing back up into resistance:
Headline miss Reaction to come. ForexLive
Headline beat Reaction to come. ForexLive
Pun not intended Fresh comments coming out of Iran are hitting the wires: “Iran will respond with equal countermeasures if America attempts to block its oil exports.”