Morning FX Market Commentary

EUR/USD correction takes a breather
EUR/USD found a new equilibrium in the 1.35 area after last week’s setback. The EMU and US eco data didn’t provide a trigger for a directional move. Today, the forecasts of the EC and the US non-manufacturing ISM might inspire trading. Sterling traders will keep an eye on the UK services PMI.

Read the full report: FX Daily

 

KBC