The US dollar reversed two consecutive daily falls and recorded acceptable profits on Thursday, after constant tensions in the commercial front and another solid report of the US labor market.
This is what you have to observe on Friday, July 11:
The American dollar index (DXY) seems to have initiated a consolidation issue above the 97.00 mark in the middle of a slight bouncing in the US yields in general. The next thing on the US Agenda will be the publication of the inflation rate on July 15.
The EUR/USD resumed its downward trend, going back to a minimum of two weeks about 1,1660 in the context of a firm dollar and growing expectations on a possible commercial agreement between the US and the EU. Germany wholesale prices are expected, followed by a Cipollone speech from the ECB.
With the support of a stronger dollar, the GBP/USD resumed its correction and visited the low 1,3500. An interesting agenda in the United Kingdom includes GDP figures, commercial balance, industrial production and manufacturing, construction production and the monthly NIESR GDP tracker.
The USD/JPY was negotiated in a hesitant state of mood on Thursday, re -testing the 146.50 zone amid additional profits in the US dollar and a warm rebound in the US yields throughout the curve. The next in Japan will be the requests for machinery, the final readings of industrial production, the tertiary industry index and the use of capacity, all scheduled for July 14.
The AUD/USD registered its third consecutive day of profits, going up to four days around 0.6580 despite the decent profits in the dollar. The Westpac consumer confidence index is the next thing on the Australian agenda on July 15.
WTI prices fell at least three days below the 67.00 brand per barrel, leaving aside three consecutive daily profits, since the merchants remained cautious in the face of uncertainty around tariffs.
Gold prices added to the rise on Wednesday and tested the 330 $ per Troy area, while investors continued to assess the resumption of the flexibility cycle by the Fed in the second part of the year. The silver prices left behind part of the recent weakness and were negotiated at an audible distance of the 37.00 brand per ounce.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.