Central Bank Chatter and U.S Economic Data Put the EUR, GBP, and the USD in Focus

Earlier in the Day:

It was particularly quiet start to the day on the economic calendar this morning. There were no material stats to provide the majors with direction, leaving news updates on Evergrande to test support for riskier assets.

For the Majors

At the time of writing, the Japanese Yen was up by 0.01% to ¥110.720 against the U.S Dollar, with the Aussie Dollar up by 0.21% to $0.7277. The Kiwi Dollar was up by 0.10% to $0.7022.

The Day Ahead

For the EUR

It’s a quiet day ahead on the economic calendar. There were no material stats to provide the EUR with direction.

While there are no stats, ECB President Lagarde is scheduled to speak later in the day, which could move the dial.

At the time of writing, the EUR was down by 0.01% to $1.1719.

For the Pound

It’s a particularly quiet day ahead on the economic calendar.

There are no material stats due out of the UK to provide the direction, leaving the Pound in the hands of market risk sentiment.

Late in the U.S session, BoE Governor Bailey is scheduled to speak. Expect any hawkish chatter to support the Pound.

At the time of writing, the Pound was down by 0.07% to $1.3669.

Across the Pond

It’s a relatively quiet day ahead. Durable and core durable goods orders will be in focus later in the day.

With the markets looking for the U.S economy to continue to gather pace, we can expect sensitivity to the numbers.

On the monetary policy front, FOMC member chatter will also draw attention. FOMC members Williams and Brainard are scheduled to speak late in the day.

At the time of writing, the U.S Dollar Spot Index was down by 0.07% to $93.264.

For the Loonie

It’s a particularly quiet day ahead for the Loonie. There are no material stats due out of Canada later today.

The lack of stats will leave the Loonie in the hands of market risk sentiment and crude oil prices.

At the time of writing, the Loonie was up by 0.14% to C$1.2634 against the U.S Dollar

For a look at all of today’s economic events, check out our economic calendar.