July 9th, European session

At the auctions in Europe, all major currencies, except for the yen, turned green. The Australian (+ 0.45%) and the New Zealander (+ 0.31%) ranked first in terms of profitability.

Pleased with the Briton, which is located on the third line with a yield of 0.29%. Sterling fell to 1.3755 on Friday after data showed that the UK economic recovery slowed sharply in May following the quarantine. Gross domestic product is up 0.8% since April, well below the 1.5% average forecast. The strengthening of the risky currencies limited the pound's fall and helped the buyers to lift the rate to 1.3824.

EUR / USD recovered to 1.1863. The growth is moderate, because the cross of the EUR / GBP pair is in a corrective phase and at the time of writing the review is on the side of the British pound. In general, all currency pairs are positive today. Before the weekend, many are closing long positions in the dollar. The dollar index fell to 92.26. If the euro passes the level of 1.1868, the fall of the index will accelerate to 92.05.

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