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- Foreign exchange market. European session: the euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone
Foreign exchange market. European session: the euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone
Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:00 Japan Bank holiday
02:00 China Trade Balance, bln September 49.8 41.2 31.0
09:00 Eurozone Eurogroup Meetings
12:00 Canada Bank holiday
The U.S. dollar traded mixed against the most major currencies. Comments by Federal Reserve Vice Chairman Stanley Fischer still weighed on the greenback. He warned at the weekend that the global recovery slowed down and the Fed could delay an interest rate hike.
The euro traded mixed against the U.S. dollar in the absence of any major economic reports from the Eurozone. Market participants speculate Europe is headed for recession.
Investors also speculate the stimulus measures by the European Central Bank would not be enough to boost the economy in the Eurozone.
The British pound traded lower against the U.S. dollar in the absence of any major economic reports from the U.K.
The Canadian dollar traded mixed against the U.S. dollar. Markets in Canada are closed for a public holiday.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair decreased to $1.6069
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
22:30 Australia RBA Assist Gov Debelle Speaks
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