GBP/USD is now testing the key resistance at 1.32605.
Tag - jpy - japanese yen
Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.
Today we anticipate the speech by the Fed Chair Jerome Powell during the Jackson Hole Symposium.
The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.
NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.
EUR/USD has tested the hurdle at 1.18431 in today's session
The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!
EUR/USD is gyrating the pivot point at 1.18078
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
Monday's session started with pairs trading in ranges…
The market focus today will be on politics, with the attempt in the United States to get a new fiscal policy package and the relations with China.