FTSE 100, DAX 40, CAC 40 face a quiet day ahead as the US is shut for Labor Day
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FTSE 100, DAX 40, CAC 40 face a quiet day ahead as the US is shut for Labor Day
from DailyFX – Market News https://bit.ly/3EpEiPK
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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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The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?
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The retreat in US Treasury yields amid a scaling back in US Federal Reserve rate hike expectations this year appears to have put a lid on USD/JPY.
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The US jobs data released last Friday displayed signs of softening in the US labour market, while Wall Street continues to catch a breather from its recent rally.
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