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The day ahead and key events - Rabobank

FXStreet (Guatemala) - Besides the data from the EZ docket, Analysts at Rabobank said that today we are still waiting for any news from Ukraine, but also have the RBA’s Hancock speaking on a panel.

Key Quotes:

“Next we get a second look at Eurozone July CPI and a first look at Eurozone Q2 GDP; the latter is seen at just 0.1% QoQ and 0.7% YoY (another Japan-like set of figures, sadly). Recall that the ECB is also still expecting a recovery any time soon – is that another central bank dream?”

“In Indonesia BI has a rate decision. No change from 7.50% is expected again this month, and the markets are still very much on hold overall as we wait to see the outcome of the Constitutional Court’s case over the election, and then (hopefully) the makeup of the new Jokowi cabinet”.

NZD/USD sheds gains to supporting channel

NZD/USD is trading at 0.8465, up 0.09% on the day, having posted a daily high at 0.8490 and low at 0.8455.
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EUR/USD: Upside limited while below 1.3430/40 - FXStreet

According to Valeria Bednarik, Chief Analyst at FXStreet, as long as EUR/USD is kept below 1.3430/40 area, the upside should remain limited.
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