Those hoping that the start of a new trading week could jump start flatlined risk trends were left disappointed through Monday's close. The shallow market depth behind the currencies and other risk-sensitive assets is an affliction that requires a heavy fundamental shove to revive, and anything short of crisis or stimulus may not be up to the task. In the meantime, a lack of conviction in general sentiment trends does not mean short-term volatility swings are out of the question. The Euro will be a particularly at-risk currency over the coming 24 hours with an update of first 2Q growth readings for the most steady (Germany and France) and most troubled (Portugal). With an additional regional investor sentiment survey and Germany bond auction, there is plenty there for traders to work with.
EURUSD May Find Some Life Outside of Anemic Risk Trends with GDP Flow
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Dow Record Highs, EURUSD Extreme Congestion and Low Fading VIX Face Heavy Event Risk
2021-07-24 02:30:00
EURUSD Still Owed a Breakout Post-ECB, S&P 500’s Hopes with PMIs a Long-Shot
2021-07-23 02:00:00
Delta Variant Concerns Won't Cripple Markets, US Economy - Market Minutes
2021-07-22 16:00:00
S&P 500 Recovery Perhaps at Greater Risk to ECB Decision as EURUSD
2021-07-22 00:00:00
