Latest Market News: 19th July 2023

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New Zealand’s Kiwi (NZD/USD) rebounded to 0.6317 from its New York close at 0.6275 after New Zealand’s Q2 CPI rose to 1.1% against expectations at 0.9%. The Kiwi settled at 0.6297. Weighed by the lower Kiwi, the Australian Dollar eased to 0.6812 from 0.6837 yesterday.

At the beginning of this week, there were concerns about the dollar and its potential vulnerability to the residual effects of the disinflation surprise. The data calendar was relatively quiet, and all eyes were on the upcoming FOMC meeting scheduled for July 26th.

Watch the video for the key trading levels for?AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P 500.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the?GBPUSD?weekly, daily, and 4-hour charts.

Join Luca Santos, ACY Securities Technical Market Analyst, as he dissects the recent release of UK inflation data and sheds light on the potential trading opportunities it presents.

Key Trading Levels as US Dollar Heads South & EURO Area Inflation Data Release Imminent by Nathan Bray :

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