There is just one to take note of on the day, as highlighted in bold.
That being for EUR/USD at the 1.1400 level. That might offer some attraction in keeping price action more centered around the figure level in the session ahead. But as has been the case in the past two weeks, there are bigger drivers of influence for trading sentiment besides the expiries in this period.
The dollar is seen bouncing back after some Trump commentary, following its slump on Monday. That said, the full context of Trump’s remarks – especially on China – might not be as optimistic as it sounds. At the balance, the market mood is looking better but there’s still much uncertainty in play as the tariffs war continues to rage on.
The good news for dollar sentiment is that at least the selloff in US equities and bonds have cooled, for now.
For more information on how to use this data, you may refer to this post here.
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