Here is what you need to know on Thursday, July 18: The action in foreign exchange markets remain choppy in the early European session on Thursday as markets participants gear up for key events.
The European Central Bank will announce monetary policy decisions and ECB President Christine Lagarde will speak on the policy outlook in the post-meeting press conference. The US economic docket will feature Philadelphia Fed Manufacturing Survey and weekly Initial Jobless Claims data. Investors will also pay close attention to comments from Federal Reserve officials. US Dollar PRICE This week The table below shows the percentage change of US Dollar against listed major currencies this week.
35, the pair staged a rebound and was last seen trading flat on the day above 156.00. Kazushige Kamiyama, a senior Bank of Japan official and the central bank’s Osaka branch manager, said on Thursday that the BoJ wants to maintain an accommodative monetary environment as much as possible, per Jiji News Agency. Early Friday, National Consumer Price Index data from Japan will be looked upon for fresh impetus. EUR/USD extended its weekly rally and reached its highest level since mid-March near 1.
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