EURAUD WEEKLY PERSPECTIVE WITH CLEAR DETAILSFOR EDUCATION ONLY

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EURAUD WEEKLY PERSPECTIVE WITH CLEAR DETAILS FOR EDUCATION ONLYEUR/AUDOANDA:EURAUDShavyfxhubEURAUD WEEKLY PERSPECTIVE. EURAUD closed the week 1.64816 Trading strategy. ECB outlook in context. the ECB rate ,the European central bank have three rates that guide EURO Zone money market. 1.deposit facility=2.25% 2.main refinancing rate 2.40% 3.marginal lending rate 2.65% the head of ECB is christine lagarde ,she has held this role since 2019 staring EUROZONE monetary policy with inflation mandate of 2%. 4.EU10Y what is EU10Y,this refers to the 10year Eurozone government bond yield, its a key benchmark for long term borrowing cost in the euro zone Germany bond yield is used as reference because its the strongest in the zone. EU10Y=3.32% the carry trade favors AUD based on interest rate and bond yield differential. but market structure on weekly looks a little bullish to neutral. This technically means buyers and seller are in strong fight on price in the money market. the next economic docket and outlook. the next MPM(monetary policy meeting will be 22-23 july 2026,interstb rate decision will be announced on 23rd and shortly after the head of the central bank christine lagarde will make a press conference, her rhetoric's will be priced. RBA(Reserve bank of Australia) in context. the official cash rate target is 4.35% unchanged in the last meeting the head of RBA remains Michele bullock ,she has been in office since September 2023 ,she is the most powerful woman in AUSTRALIA BANKING SYSTEM, her rhetoric's drives currency in favor or disadvantage to AUD.if she tilt towards dovish stance AUD suffers,if she is hawkish AUD wins . The inflation ion AUSTRALIA is still high around 4.0% the RBA mandate is 2.0% Next economic docket August 11 2026 the monetary policy board is expected to make decision on rate the next inflation data will be on july 29th.watch for data as volatility follows the outcome . AU10Y close of the week=4.818% the bond yield differential is higher than ECB ,this give AUD a technical sell advantage over EURO. GOODLUCK.