The performance of the British pound against other majors has grabbed a lot of attention during the last couple of weeks.
Global PMIs will be released today
2020-08-21 • Updated
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
European Market View
Global PMIs will be released today. It is expected to show a continued gradual uptrend in August. In addition, we get the Euro area consumer confidence. The August figure will indicate if that was just a blip or whether European consumers are turning more cautious in their spending patterns.
European Key Point
- Global PMIs will be released today.
- Euro area consumer confidence.
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