CrossBorderBoost News

Country Date Time Impact Forecast Previous CB Consumer Confidence USD 07-27-2021 2:00pm High 123.9 127.3 CPI q/q AUD 07-28-2021 1:30am High 0.7% 0.6% Trimmed Mean CPI q/q AUD 07-28-2021 1:30am High 0.5% 0.3% CPI m/m CAD 07-28-2021 12:30pm High 0.4% 0.5% FOMC Statement USD 07-28-2021 6:00pm High FOMC Press Conference USD 07-28-2021 6:30pm High Advance GDP q/q USD 07-29-2021 12:30pm High 8.5% 6.4% GDP m/m CAD 07-30-2021 12:30pm High -0.3% -0.3% Core PCE Price Index m/m USD 07-30-2021 12:30pm High 0.6% 0.5%

GBP/USD 1.3728  GBP/AUD 1.8648

GBP/USD 1.3750  GBP/AUD 1.8640

GBP/USD 1.3610  GBP/AUD 1.8648

GBP/USD 1.3650  GBP/AUD 1.8640

GBP/USD 1.3720  GBP/AUD 1.8648

Pound weakens near the end  of the week amid risk aversion. GBP/USD could post the lowest weekly  close since April. Decisive ECB policy action to back up the new policy  framework could trigger a fresh EUR sell off next week at a time when  other major central banks (BoE & Fed) are moving closer to raising  rates. A failure to act would provide some relief for the EUR. The risks  though for next week are higher that there is a more lasting impact on  EUR given this meeting follows the updated monetary policy strategy  review and ECB President Lagarde has clearly indicated that changes will  be made, at least to guidance and depending how explicit those changes  are will determine the impact. Any shock or surprise is likely to imply a  EUR downside move. EUR/USD is likely to remain in a consolidation phase  between 1.1770 and 1.1895 in the next 1-3 weeks. The dollar edged  higher on Friday, logging its largest weekly gain in a month, after  upbeat retail sales data boosted expectations that economic growth  accelerated in the second quarter.

GBP/USD

1.3825

GBP/USD 1.3850  GBP/AUD 1.8555

GBP/USD 1.3855  GBP/CAD 1.7262