What is on to watch for today?

  • 09 June, 2021
  • 11:03 am EEST

A couple of relevant points to keep for the day are outlined.

The ones for EUR/USD are bound to keep price action stable at current rates, with major ones expected to drop off later this week in the range of 1.2100 and 1.2200.

Also there is a major one for USD/JPY near 109.00, which should restrict any loss in the pair, however for the week, a lot may rely on how yields act to tomorrow’s US CPI data.

And there’s a pretty hefty one for USD/CHF today near current rates, which could serve as a magnet before they tumble off later. However, in the case of Swiss currencies, bear in mind that the major ones restricting EUR/CHF already expired yesterday.

A couple of AUD/USD expiries are near 0.7750 (again) in what was a trend for several weeks, working to maintain price activity more controlled.

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