The absence of significant fundamental data.
Yesterday, US President Donald Trump warned North Korea that it's much better not to threaten the United States.
In view of this, gold also increased with its prices returned to weekly highs.
Based on the data issued yesterday, we can see positive figures on the growth in the number of vacancies in the US.
According to the report on the number of vacancies and turnover of labor, employers in the United States for the month of June 6.2 million vacancies, which indicates a high demand for labor.
As for the technical picture of the EURUSD pair, the downward correction is continuous, while concerns about its rapid completion have decreased.
The Australian dollar and other commodity currencies fell sharply today, after the release of the consumer price.
According to the National Bureau of Statistics, China's consumer price index in July 2017 increased by 1.4% compared with the same period last year.
As mentioned above, food prices decreased by 1.1% compared to the same period of the previous year, while prices for non-food products increased by only 2.0% compared with the same period of 2016 after the 2.2% growth in June.
Further pressure on the Australian dollar was caused by the volume of approved housing loans.
According to the report, the number of approved housing loans in Australia for the month of June rose by 0.5% compared with May. While economists expected a growth of 1.5%. The volume of approved housing loans related to investment in Australia in June rose by 1.6% compared with May.
Remember that the serious problem of the Reserve Bank of Australia is the sharp growth of the mortgage market due to low-interest rates, which could worsen the bubble and adverse consequences for the economy.