Daily Analysis EURUSD - 1 Sep 2023
US Nonfarm Payrolls for August are expected to rise by 170K, down from July's 187K
Read MoreUS Nonfarm Payrolls for August are expected to rise by 170K, down from July's 187K
Read MoreThe EUR/USD climbed to two-week highs at 1.0947 before retracing slightly, yet it remains comfortably above 1.0900.
Read MoreGfK Institute's survey indicates a forthcoming decrease in German consumer sentiment for September.
Read MoreFederal Reserve Chair Jerome Powell, speaking at his annual address in Jackson Hole, Wyoming, early on Friday, stated that central bank policymakers were attentive to signs suggesting that the economy might not be cooling as anticipated.
Read MoreThe euro is still facing pressure as it missed the critical level at 1.08, trading slightly lower. Investors are eagerly awaiting statements from Fed Chairman Jerome Powell and ECB President Christine Lagarde later today.
Read MoreThe GBP/USD pair faced downward pressure due to disappointing UK preliminary PMI data, falling below expectations.
Read MoreGermany, the Composite PMI for August 2023 dropped to 44.7 from the previous month's 48.5, significantly below the anticipated 48.3.
Read MoreUS Federal Reserve Chair Jerome Powell's upcoming speech at the central bankers' meeting may bring an updated economic assessment.
Read MoreChina's economic focus today is on the PBoC's 10 basis point reduction in the one-year loan prime rate, deviating from the anticipated 15 basis point decrease for both one-year and five-year rates.
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