Some nice price action has already taken today, because pretty important news has already been released. I did not expect Purchasing Manager Index from Britain to influence the markets much, but it came better than expected and Pound rallied. After half an hour Euro GDP came a little bit worse than expected. So, as you may assume Pound is bullish and Euro bearish for the time being.
Data from Australia disappointed and Australian dollar continued going down further. No more significant events are scheduled for today, so traders are getting ready for tomorrow interest rate decisions from both Great Britain and ECB. That will definitely spark a lot of action and volatility both in Forex and other financial markets.
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