Our recommendation is “sell the dollar”. Especially, if you remember Trump's attack on the dollar. Traditionally, in Twitter , the President of the United States called for the devaluation of the dollar.
And about the weak UK business activity data (Composite PMI index went below 50, that is 49.7), which increased the downward pressure on the pound. It’s too late to sell the pound and too early to buy. A similar index was published in Eurozone. The situation there is better (52.2 with the forecast 52.1). So, euro purchasing is not a bad idea ( on the intraday basis).
Ms Lagarde was honored to have been nominated for the ECB presidency. According to experts, Lagarde will adhere to a stimulating aimed at ensuring economic growth in Europe. So, the euro might be under pressure.
We expect low liquidity in financial markets due to a holiday in the USA (Fourth of July – Independence Day). The “weak” market may well surprise in the form of explosions, so today it is worth trading with caution.
Our trading recommendations for today: we will continue to look for points for dollar sales as well as the Russian ruble . Since AUDUSD has finished the day with a 0.7020 mark, we do not sell it, duo to further growth. Sell oil . As for gold , today we are working without obvious preferences on the oscillator signals.