Forex Today: Dollar not shining despite US data and Fed's tone, attention turns to inflation – by MSalordFX DollarIndex Employment Inflation
OMC meeting. China will also release inflation data. In the UK, employment data is due on Tuesday. Regarding recent central bank decisions, the Reserve Bank of New Zealand and the Bank of Canada will announce their decisions on Wednesday.increased by 209,000 in June, coming in below expectations for the first time in 15 months. A positive surprise was expected again after the impressive ADP report released on Wednesday.
bond yields. No key reports are due from the EZ next week. The European Central Bank will release the minutes of its latest meeting. A 25 bps rate hike in July is fully priced in.posted the highest weekly close in more than a year above 1.2800, after rising sharply during Thursday and Friday. The pair is testing year-to-date highs around 1.2850. On Tuesday, the UK will report employment data, and GDP on Thursday.
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