Video: EUR/USD Climb Continues Through 1.1800, RBA Options Vary, SPX Consolidates

Talking Points:

• The Dollar continued its tumble to close out July despite last week's solid US GDP and persistent FOMC bearing
• Top event risk ahead includes the RBA decision, Eurozone 2Q GDP, US PCE deflator - but trading potential differs
• Assets and pairs of particular interest ahead include: S&P 500, Bitcion, EUR/USD, AUD/USD, AUD/JPY, USD/CNH and more

Both the EUR/USD and S&P 500 have clear significant resistance recently. What has this remarkable progress meant in terms of speculators' trading? See the IG positioning data on the DailyFX Sentiment page.  (

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