Forex Today: Big week for markets gets underway in a calm fashion – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Major currency pairs fluctuate in narrow ranges at the beginning of the week as investors gear up for this week's key macroeconomic events. There will not be any high-impact data releases featured in the US economic docket on Monday. On Tuesday, the US Bureau of Labor Statistics will release the Consumer data for May ahead of the Federal Reserve and the European Central Bank's policy announcements on Wednesday and Thursday, respectively.
, which gauges the US Dollar's performance against a basket of six major currencies, moves sideways at around mid-103.00s.lost its traction on Friday and erased a large portion of the gains it recorded on Thursday. Nevertheless, the pair snapped a five-week losing streak. Early Monday, EUR/USD stays calm near 1.0750.gained more than 100 pips last week. In the European morning, the pair clings to small daily gains while holding comfortably above 1.2550.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rutgers adds big Florida safety during Rutgers’ 2nd big official visit weekend of JuneRutgers' secondary just got bigger ... and better.
Read more »
What Forex Pair or Cross to TradeForex brokers list approximately 60\u002B currency pairs and traders must choose what Forex pair or cross they should trade as part of their trading strategy
Read more »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, GBP/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which
Read more »
Bloodbath: The Reasons Behind SOL, MATIC, ADA, SAND Crash TodayHere are a few possible reasons behind today's bloodbath in the altcoin market.
Read more »
D.C.-area forecast: Warmer today, and turning hotter for SundayIt's feeling more like summer the next few. Any significant chance of rain holds off until Monday.
Read more »
Catch a glimpse of the half-lit moon in its third quarter phase todayUnfortunately, the moon sets around midday, so get out and look up early.
Read more »