- EUR/USD climbed four-tenths of one percent on Tuesday.
- Markets are broadly pivoting into a risk-on stance, pressuring the US Dollar.
- Investors will be craning their necks for signs of Fed rate cuts.
EUR/USD drove up 0.4% on Tuesday, breaching back above 1.1100 for the first time since last December, chalking in a fresh high for 2024. The pair has closed firmly in the green for three straight trading days, and is on pace to climb a full percent since Monday’s opening bids.
Pan-European Purchasing Managers Index (PMI) activity survey results are expected early Thursday, with the EU Manufacturing and Services PMIs for August both expected to hold steady, at 45.8 and 51.9, respectively.
US Purchasing Manager Index (PMI) business activity survey results are slated for release on Thursday, as well as the kickoff of the annual Jackson Hole Symposium which is set to run through the weekend. Wednesday will deliver the Federal Reserve’s (Fed) latest Meeting Minutes, but market forces will broadly be looking ahead to Thursday’s outings for reasons to move.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
