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Commodity currencies are leading the day

  • 01 September, 2021
  • 10:37 am EEST

The market is opening European trading in a more upbeat attitude, as the recent rally in stocks has prompted more risk-on trading in FX, with commodities currencies pulling marginally ahead on the day. The previous smaller ranges are continuing to…

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The EUR/USD is firmly tied ahead of the ECB meeting in Jackson Hole.

  • 26 August, 2021
  • 12:36 pm EEST

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…

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EUR/USD has been marginally weaker, hovering around 1.1800.

  • 06 August, 2021
  • 12:23 pm EEST

The 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…

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European FX news roundup: Kiwi maintains advances, risk appetite remains lukewarm

  • 04 August, 2021
  • 6:00 pm EEST

Kiwi maintains advances, risk appetite remains lukewarm For the most part, it was a quiet session with eurozone services. PMI numbers are primarily reaffirming the region's more robust recovery in the heart of summer, while rising cost inflation may still…

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Asia FX news roundup: The New Zealand dollar rises on the back of a strong employment report.

  • 04 August, 2021
  • 5:42 pm EEST

The New Zealand dollar rises on the back of a strong employment report. The New Zealand dollar gained ground throughout the session, owing to a significant decline in the unemployment rate revealed in the most recent employment data (see bullets…

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