The US dollar gained a number of positions against the European currency and the British pound.

The president of the Federal Reserve Bank of St. Petersburg.

J. Bullard also notes on the inflation level, as the recent data.

Yesterday, the US consumer lending in June 2017 has significantly weakened.

According to the Federal Reserve System, unsecured consumer lending in the US for the month of June increased by 12.4 billion US dollars compared with May.

As for the technical picture of the EURUSD pair, the downward trend will be completely tied at yesterday's support level 1.1790, in order to gain a foothold below which is not yet been possible. Selling is recommended after the reversal of the trading instrument under the 1.1790 level with the main goal of break the support area 1.1740. A breakthrough in this area will open up the possibility of the euro falling to new weekly lows around 1.1670.

In terms of commodity prices again, it should be noted yesterday that oil prices came under pressure, as many investors began to doubt that the recent positive signals to reduce the level of supply in the market will be able to further support the upcoming rally. The main problem with the increase in oil prices is the fear that members of the cartel will not adhere to the levels of oil production stipulated in the agreement.

As long as the level of 48.50 on the WTI brand is held by buyers, we can rely on the resumption of the upward trend, while its breakthrough could lead to a larger drop in the region of $45 per barrel.