Previous Trading Days Events 15.08.2024

Australia Unemployment Rate July 2024 at 4.2, highest since January 2022.

Unemployed rose by 23.9K to 637.1K.

UK Monthly GDP MoM August 2024 flat, after 0.4 growth in July. Services are down 0.1, and industrial production is up 0.8.

US Retail Sales July 2024 up 1 MoM, the largest rise since January 2023. Notable gains in motor vehicles 3.6 and electronics 1.6.

US Initial Jobless Claims Fell by 7K to 227K in the week ending August 10th, the second consecutive weekly decline

Winners Vs Losers In The Forex Market 

Yesterday, August 15, 2024, in the Forex market, AUDJPY surged as the top performer with a 1.58 gain and 153.4 pips, while EURAUD led the declines, losing 0.59 and dropping 98.0 pips.

News Reports Monitor Previous Trading Day 15.08.2024

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Tokyo Session

Australia Unemployment Rate at 4.2, up 23.9K to 637.1K; Bullish spike postrelease at 130 am GMT.

London Session

UK Monthly GDP MoM flat; Services 0.1, Industrial Production 0.8; Bullish response at 6 am GMT.

New York Session

US retail sales 1 MoM, the largest rise since January 2023; motor vehicles 3.6, electronics 1.6; and bullish surge at 1230 pm GMT.

US Initial Jobless Claims 7K to 227K; Second weekly drop; Bullish spike at 1230 pm GMT.

General Verdict

Market sentiment was broadly bullish across sessions due to positive economic data.

FOREX MARKETS MONITOR

EURUSD 15.08.2024 15m Chart Summary

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