Euro / U.S. DollarShort
EUR/USD
Traders eye on upcoming key economic indicators next week.
*Commitments of Traders report*
USD Index - Long (-1) Short (-537) – According to the COT report USD still remains bullish.
As per the current market condition, only look for shorts to next level 1.065 with confirmation.
- According to economic analysts the ECB is most likely to keep the interest rate unchanged in September.
- US inflation continues to slowdown even though labor market still reminds a bit of strong.
- U.S. Initial Jobless Claims dropped to 216K from 229K (Previous)
- ISM Manufacturing PMI increased to 47.6 from 46.4 (Previous)
*Commitments of Traders report*
USD Index - Long (-1) Short (-537) – According to the COT report USD still remains bullish.
As per the current market condition, only look for shorts to next level 1.065 with confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.