EURUSD Neutral Ahead of US ADP Report with Big Expiries Looming Tomorrow
EURUSD shows minimal volatility as traders await key US ADP employment data; larger expiries and potential movement expected tomorrow.
Market context
Follow the story. See which markets it affects. Explore the context.
EURUSD shows minimal volatility as traders await key US ADP employment data; larger expiries and potential movement expected tomorrow.
Markets rose on optimism about an end to the US government shutdown, boosting risk sentiment and easing safe-haven demand. USD weakened slightly amid rate cut expectations, while global equities and …
EURUSD gained modestly by 0.25% amid mixed US equity performance with S&P and Dow Jones falling slightly.
S&P 500 down 0.50%, Dow down 0.38%; EURUSD rises about 0.22% as the euro gains modestly versus the dollar amid equity weakness.
Markets are rangebound; GBP/USD nudged above 1.3500 but is capped by large option expiries. Dollar is slightly softer, and traders await US data this week and nonfarm payrolls next week for direction.
BOJ held policy amid dissents, the dollar stayed soft after a Fed rate cut, equities rallied and Nvidia pledged $5bn to Intel. Markets await BOJ commentary on rates and ETF/REIT sales as investors we…
USDCAD rose to ~1.385 as weak Canadian jobs and inflation increased odds of Bank of Canada easing, while oil provided limited support and softer US CPI tempered USD strength with Fed cuts now priced …
Risk appetite rose in Asia as the USD softened: gold neared $3,700 and Bitcoin futures climbed. MUFG projects EUR/USD above 1.2000 by December on Fed easing bets while the ECB holds. NVDA ticked up a…