There aren’t any major expiries to take note of on the day. As such, trading sentiment will continue to revolve around headlines for the most part. Trump tariffs and softer data continues to lead to a more defensive risk mood but are we seeing signs of a turnaround?
Well, the next key hurdle today will be the US ADP employment data as well as the ISM services PMI. So, those are the bigger factors to watch in influencing price action in the day ahead.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.
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