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  • The US Dollar has continued to fall following yesterday's #FOMC rate decision. secondary support zone now traded through, becomes possible short-term resistance 92.19-92.26 next zone of support already nearby, 91.82-91.93 $USD $DXY https://t.co/awsq1mQ6Vs https://t.co/qtDmQ1ZOXO
  • 🇩🇪 Inflation Rate MoM Prel (JUL) Actual: 0.9% Expected: 0.5% Previous: 0.4% https://www.dailyfx.com/economic-calendar#2021-07-29
  • 🇩🇪 Inflation Rate YoY Prel (JUL) Actual: 3.8% Expected: 3.3% Previous: 2.3% https://www.dailyfx.com/economic-calendar#2021-07-29
  • Heads Up:🇩🇪 Inflation Rate MoM Prel (JUL) due at 12:00 GMT (15min) Expected: 0.5% Previous: 0.4% https://www.dailyfx.com/economic-calendar#2021-07-29
  • Heads Up:🇩🇪 Inflation Rate YoY Prel (JUL) due at 12:00 GMT (15min) Expected: 3.3% Previous: 2.3% https://www.dailyfx.com/economic-calendar#2021-07-29
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/Yl9vM7kO6a https://t.co/Puri16DprK
  • 🇪🇸 Business Confidence (JUL) Actual: 1.9 Previous: -0.9 https://www.dailyfx.com/economic-calendar#2021-07-29
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.53%, while traders in France 40 are at opposite extremes with 71.72%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/cpwf1asRZe
  • Please join @CVecchioFX at 7:30 EST/11:30 GMT for his central bank monthly webinar. Register here: https://t.co/xRVdZJNZom https://t.co/C45D6aPRIc
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 2.08% Gold: 0.86% Oil - US Crude: 0.49% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gWiVFBgXuV
Trading the Bearish GBP, CHF Scalps Ahead of U.S. Debt Deal

Trading the Bearish GBP, CHF Scalps Ahead of U.S. Debt Deal

Michael Boutros, Strategist

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---Hosted by Michael Boutros, Currency Strategist with DailyFX

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