Previous Trading Days Events 06.08.2024

Australia Interest Rate RBA maintained the cash rate at 4.35 for the sixth consecutive meeting, aligning with market forecasts.

New Zealand Unemployment Rate Unemployment rose to 4.6 in Q2 2024, up from a revised 4.4 in Q1

Winners Vs. Losers

On August 6, 2024, AUDJPY was the top performer, appreciating by 0.48 and gaining 45 pips, while GBPAUD was the biggest decliner, dropping by 0.95 and losing 187 pips.

News Reports Monitor Previous Trading Day 06.08.2024

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Tokyo Session Australia Interest Rate The RBA held its cash rate steady at 4.35 in August, triggering a bearish reaction upon release.
London Session No major news events were reported.
New York Session No major news events were reported.
Sydney Session New Zealand Unemployment Rate Unemployment rose to 4.6 for Q2 2024, leading to a bullish market reaction.

General Verdict

The markets reacted bearishly to Australias rate hold and bullishly to New Zealands rising unemployment.

FOREX MARKETS MONITOR

EURUSD 06.08.2024 15m Chart Summary

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Price Movements

EURUSD exhibited a bearish trend, opening at 1.0951 and closing at 1.0926, with a high of 1.0963 and a low of 1.0902.CRYPTO MARKETS MONITOR

BTCUSD 06.08.2024 15m Chart Summary

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Price Movements

BTCUSD showed a bullish trend, opening at 54,290.78 and closing at 56,641.28, with a high of 57,098.32 and a…