Forex news from the European trading session – 24 August 2021
Headlines:
Markets:
– NZD leads, EUR lags on the day
– European equities mixed; S&P 500 futures up 0.2%

Fauci remarks on the COVID-19 vaccine full approval process
This follows the news from yesterday for Pfizer. In case you missed it:

Goldman Sachs raises odds on a Fed taper announcement at its November meeting from 25% to 45%
As such, the firm lowers odds of an announcement in December from 55% to 35%.

NZD/USD trades up 0.8% to 0.6945
Remarks by RBNZ policymaker Christian Hawkesby earlier in the day (↑) have been a key factor in propping the kiwi up in European morning trade.

A look at what is on the board for today
A couple of large ones to take note of on the day, as highlighted in .
bold
For USD/JPY, there is a relatively big one near the current spot price at 109.65 with the more significant one closer to 109.90-00 likely to limit price action before rolling off.

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%

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. .

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.

Bundesbank remarks in its latest monthly report

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.