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.

Full approval could aid with vaccine hesitancy
A common refrain for US anti-vaxxers is that they want full FDA approval before getting the vaccine. Whether that’s a real reason or flimsy excuse will be put to the test in the near future as the New York Times the agency is planning to give full approval

Total cases now at 51
Optimism that New Zealand can contain its covid outbreak is fading after details of 21 new cases were reported.
PM Jacinda Ardern said it was „very likely“ the nationwide lockdown would be extended beyond Tuesday.