If yesterday was a boring day on the data front, today is no different. We don’t have any notable event as we will just get some low tier releases like the Eurozone Consumer Confidence and the Richmond Fed Index.
As a reminder, we won’t hear from Fed speakers until the FOMC meeting next week as they
are in their blackout period. On the other hand, ECB speakers are in full swing but they will keep on repeating the same thing, that is they might
cut in September if the data cooperates.
Wish you a profitable day!
This article was written by Giuseppe Dellamotta at www.forexlive.com.
