Little on the agenda in Europe today

<p>The dollar continues to keep somewhat steady so far this week as there isn't much appetite all around in markets. It is a sort of extended holiday in the US since the weekend, with today being Independence Day (there was early market closure yesterday).</p><p>The lack of direction looks set to carry over to Europe now, with major currencies mostly little changed. The aussie is down slightly after the RBA decision <a href="https://www.forexlive.com/centralbank/rba-leaves-the-cash-rate-unchanged-at-410-20230704/" target="_blank" rel="follow">here</a>, as the central bank hit pause and left the cash rate unchanged. Besides that, equities are tentative and other dollar pairs are tightly bound as we look to the session ahead.</p><p>In terms of data, there won't be much to really move things along and/or impact markets. As such, we could be in for more of a quiet one in trading today.</p><p>0600 GMT – Germany May trade balance data</p><p>That's all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.</p>

This article was written by Justin Low at www.forexlive.com.