Here is what you need to know on Tuesday, July 2: Following Monday's choppy action, major currency pairs seem to have stabilized early Tuesday.
Here is what you need to know on Tuesday, July 2: Following Monday's choppy action, major currency pairs seem to have stabilized early Tuesday. Eurostat will release Harmonized Index of Consumer Prices for June in the European session. Later in the day, European Central Bank President Christine Lagarde and Federal Reserve Chairman Jerome Powell will speak on the policy outlook at the ECB Forum on Central Banking in Sintra.
Gold failed to make a decisive move in either direction on Monday. XAU/USD extends its sideways grind at around $2,330 during the European trading hours on Tuesday. Central banks FAQs What does a central bank do? Central Banks have a key mandate which is making sure that there is price stability in a country or region. Economies are constantly facing inflation or deflation when prices for certain goods and services are fluctuating.
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