A look at what is on the board for today
A couple of large ones layered for EUR/USD on the day, as highlighted in .
bold
They are all trapped in between 1.1830-60, which amounts to roughly €3.2 billion worth of expiries. That matches up with near-term technical levels, with the key hourly moving averages seen @ 1.1838 and

Latest data released by Eurostat – 4 August 2021

Latest data released by Markit/CIPS – 4 August 2021
The preliminary report can be found . That’s a decent bump in the final readings but it still reaffirms the slowest growth in UK business activity since March.

Forex news from the European trading session – 3 August 2021
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities higher; S&P 500 futures up 0.3%

USD/CHF drops to 0.9025, its lowest level since 16 June
The dollar is keeping a little softer on the day but the franc is putting up a modest advance against the greenback as sellers stay in the hunt of an eighth straight day of gains in USD/CHF, having pushed past the 200-day moving average (blue line)

Remarks by St Louis Fed president, James Bullard
For this week, watch out for Fed vice chair Clarida’s speech tomorrow as he will be speaking about so that might cover some views on when and where taper discussions will come in for the Fed.

A look at what is on the board for today
A couple of ones to take note of on the day, as highlighted in .
bold
The large ones for EUR/USD fits in between its key hourly moving averages of 1.1825-65 so that might help to limit any major downside move. But also just be aware that there

Latest data released by Eurostat – 3 August 2021
Amid ongoing supply chain disruptions, rising cost inflation is arguably the key driver in price trends at the moment and that is feeding to higher price pressures overall.

Forex news from the European trading session – 2 August 2021
Headlines:
Markets:
– AUD leads, NZD lags on the day
– European equities higher; S&P 500 futures up 0.4%

Oil is down 1.5% to around $72.80 currently
Reports are citing softer growth expectations from China, after flailing PMI data since the weekend and . But I’d pin this more to just some light selling amid a continued bounce since finding a bottom two weeks ago just below $66.