Traders will be keenly awaiting the release of the latest RBA minutes amid speculation that Australia’s central bank may cut rates again. Euro and pound buyers would have been buoyed by the solid starts both currencies have had this week.
A smorgasbord of data is scheduled for publication this week in what shapes up to be another busy one for traders. The EURUSD made small gains on Friday after commencing the day at $1.17064. It was flat early before dipping
Focus returns to the US and the release of more crucial economic data. The USD continues to strengthen, sending paired currencies south overnight. The EURUSD began the day at $1.17445 and nudged up to a high of $1.17571 mid-session. The
A much busier day coming up, with focus shifting to the release of local economic data. The EURUSD was mainly flat overnight after opening the day at $1.17419. Early trading was a non-event, with the euro dipping to a low
A relatively quiet day coming up, as far as volume of data is concerned. The USD re-asserted its dominance overnight, sending paired currencies down. The EURUSD started the day at $1.18093 and ticked up to a high of $1.18149 shortly