Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.
Archiv für den Monat: August 2021
ForexLive European FX news wrap: Dollar down, risk bets come alive amid Jackson Hole focus
Forex news from the European trading session – 23 August 2021
Headlines:
Markets:
– CAD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– CAD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
FX option expiries for 23 August 10am New York cut
A look at what is on the board for today
Nothing significant on the board for today, so price action is very much sticking to the start-of-the-week sentiment i.e. .
Nothing significant on the board for today, so price action is very much sticking to the start-of-the-week sentiment i.e. .
Bundesbank says virus resurgence may put unexpected strain on the economy in autumn
Bundesbank remarks in its latest monthly report
UK August CBI trends total orders 18 vs 17 prior
Latest data released by CBI – 23 August 2021
CBI also notes that there are early signs from the data that suggests that growth in activity may have already peaked, reaffirming the tones set out by the PMI data.
CBI also notes that there are early signs from the data that suggests that growth in activity may have already peaked, reaffirming the tones set out by the PMI data.
CAD/JPY rises back from the dead
What a turnaround in CAD/JPY sentiment
The pair seemed like it was doomed in Friday trading in Europe but produced a remarkable turnaround into the close to stave off a daily break below the 21 April and 19 July lows at 85.42, ending last week at 85.57; the low hit 84.67 mind you.
The pair seemed like it was doomed in Friday trading in Europe but produced a remarkable turnaround into the close to stave off a daily break below the 21 April and 19 July lows at 85.42, ending last week at 85.57; the low hit 84.67 mind you.