There is just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1700 mark. The figure level has been lined up with offers since last week already and is also what capped upside gains for the pair after the US CPI report yesterday. As such, the expiries could play a role in limiting price action at least until we get to US trading later.
That said, the dollar remains in a vulnerable spot on the week and is on the defensive from a technical perspective. The only “good news” for the greenback is that traders have fully priced in a rate cut for September by the Fed.
For more information on how to use this data, you may refer to this post here.
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This article was written by Justin Low at investinglive.com.