European Council President Tusk to meet with U.K. PM Johnson, The Mexican Administrative efforts to tackle crime continue, & Germany supports not changing the Brexit deal.
Donald Tusk’s schedule showed on Wednesday, that on Sunday, at 10:30 GMT, on the sidelines of a G7 summit in France, the European Council President will hold a face-to-face meeting with British Prime Minister Boris Johnson. Affects EUR
Mexican President Andrés Manuel López Obrador on Wednesday said his nine-month-old administration’s efforts to bring down record rates of violent crime do not include talks with criminal gangs or armed self-defense groups. Affects MXN
If Iran’s oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against raising pressure on Tehran in an angry confrontation between the longtime foes. Affects Brent
German Finance Minister Olaf Scholz said on Wednesday that Britain should not expect changes to the existing Brexit deal, adding that the situation had not changed with the change of government in Britain. Affects GBP
Minneapolis Federal Reserve Bank President Neel Kashkari wrote in an op-ed for the Financial Times, the U.S. Federal Reserve should use forward guidance now as the global economy is slowing down, the yield curve has inverted and investment in U.S. businesses has stalled. Affect the USD
The German Manufacturing PMI will be released. The German Manufacturing Purchasing Managers’ Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. Affects EUR.
The ECB Publishes its Account of the Monetary Policy Meeting. Affects EUR.
The EU refused to review the terms of the Brexit agreement regarding the Irish border. This stumbling block could lead Britain to leave the EU without an agreement.
The growth of quotations is explained by the bullish divergence of the Awesome Oscillator indicator, as well as the oversold state of the asset.
After the Triple Bottom formed on the asset’s chart, quotes were in no hurry to go up. Yesterday, the bulls still managed to update the highs, so it is likely that an upward trend will begin.
After an unsuccessful attempt to resist the level of 10,000, the cryptocurrency surrendered. Its new goal is 9,100.
AUD/USD on this day in history
- Since 2000 August 22nd has been a trading day 15 times.
- On 43% of those days, the asset ended with growth.
- The maximum reinforcement range was 0.76%.
- The trend down was limited to 1.46%.