The pound seems to favour choppy, sideways price action. This has been evident for EUR/GBP for some time but now appears in GBP/USD after trendline breakdown

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Rand weakness pushes USD/ZAR towards key resistance zone ahead of key SA and US economic data this week.

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Commodities look poised to benefit should the Fed rate hike cycle be at an end. DXY and Market Sentiment likely to drive Gold, Silver prices this week as we have limited US data on the docket.

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FTSE 100, DAX 40, CAC 40 face a quiet day ahead as the US is shut for Labor Day

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The euro looks to reestablish itself against the US dollar but weak German export data could see EUR/USD heading towards 1.07 once again.

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