A couple of light data releases in Europe as dollar stays vulnerable

[ad_1] The dollar remains in a vulnerable spot once again, with USD/JPY eyeing a potential drop below 148.00 and inching back towards a retest of the October low at 147.27. Meanwhile, the antipodeans are off to a strong start this week with AUD/USD and NZD/USD both climbing above their respective 200-day moving averages in sealing

Light data docket sets up mixed picture ahead of European trading

[ad_1] There isn’t much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the

Light changes in market sentiment so far in European morning trade

[ad_1] The changes among major currencies are mostly relatively light so far on the day, outside of the antipodeans. EUR/USD is flattish around 1.0480 now and seen holding within a 34 pips range only today. There are large option expiries at 1.0495 that are in play to keep price action pinned just below 1.0500. Meanwhile,

A light one on the data docket in Europe today

[ad_1] The dollar continues to run riot in the major currencies space, helped out by higher Treasury yields. It’s been quite the straightforward message since the breakout in the bond market but it does offer quite a bit of food for thought: The US may be entering an era of higher yields but the rest

A three-year note auction highlights a light US economic calendar

[ad_1] Happy Monday. The Fed blackout went into effect on Saturday but we did hear from Nick Timiraos, who wrote what everyone already knows: That a pause is coming in Sept and that some officials see risks as balanced while others are still hawkish. I wouldn’t expect any of those opinions to shift today with

A light one on the agenda in Europe today

[ad_1] Major currencies aren’t doing a whole lot though the dollar is mildly softer as we look towards European morning trade. The ranges are still relatively narrow, so let’s see if there will be any appetite to stretch them out later on. Stocks are at least enjoying a decent showing since Friday last week, with

US dollar drifts higher ahead of a light North American calendar

[ad_1] It’s something of a three-day trading week in North America with nothing notable on the economic calendar today or on Friday. That’s contrasted by a busy day tomorrow with US retail sales and Canadian CPI. The lone item of note today is the BOC senior loan officer survey at 10 am ET and that’s

Economic calendar in Asia for Monday, 14 August 2023 – a light one

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do