The dollar keeps steadier in European morning trade
EUR/USD is keeping at the lows, down 0.2% to 1.1807 as the dollar maintains a slight advance amid the countdown to the US non-farm payrolls release at 1230 GMT.

What to anticipate ahead of the US non-farm payrolls release?
10-year Treasury yields are up 3 bps to 1.248% on the day as bond sellers are wrestling back some short-term momentum after seeing yields test the July low earlier in the week.

Moderna says a third dose of the vaccine is likely necessary
That seems to be the argument among vaccine producers these days, which serves to add to their bottom line. But from a health perspective, if absolutely necessary, this poses a risk for the economic recovery globally if more and more vaccinated persons also start to

Forex news from the European trading session – 4 August 2021
Headlines:
Markets:
– NZD leads, CAD lags on the day
– European equities higher; S&P 500 futures down 0.2%

Latest data from the Mortgage Bankers Association for the week ending 30 July 2021
–  +5.7%
– Market index 734.3 vs 737.9 prior
– Purchase index 247.5 vs 251.7 prior

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)