What are the main events for today?

Today the US is on holiday for Independence Day and the calendar is pretty much empty. The main event was the Swiss CPI which missed expectations and should raise a bit more the chances of another rate cut in September.

We will also have the UK general election where the Labour party is expected to win easily. I don’t think this is going to be a major event and shouldn’t impact the GBP that much. There’s also the Canadian Services PMI and the ECB Meeting Minutes but they aren’t market moving releases.

Wish you a great trading day!

This article was written by Giuseppe Dellamotta at www.forexlive.com.