In the second half of the week, EUR/USD trades in a tight range around 1.1760/70, with bullish momentum expected to continue. On Thursday, the EUR/USD remains moderately offered at 1.1760. The focus of investors has now shifted to the Jackson Hole event. The ECB's Accounts for the most recent meeting will be released. EUR/USD looks to the ECB, Wyoming On…
Continue ReadingInvestors weighed the growing opening of economies throughout the world against rising cases of the COVID-19 Delta version. Stocks, oil, and Asian currencies all held steady on Wednesday. European shares edged up with the benchmark STOXX index rising 0.3% after…
Continue ReadingThe EUR/USD currency pair has dropped 0.2% to a low of 1.1808. There isn't much else going on in the market right now as we count down to the announcement of US non-farm payrolls at 1230 GMT. The euro is…
Continue ReadingAs the market shifts to a more risk-on outlook, the day is off to a good start. As European trading begins, futures in the United States are also up 0.5%. Stocks make up for Friday's losses: UK FTSE 100 up…
Continue ReadingThe market took a break following the rapid and hefty changes seen yesterday, where risk trades were dumped, and it was a quiet session in terms of news. Things were calmer today, as European shares traversed some of yesterday's losses,…
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