It’s a slower one to start the day, with major currencies not up to much. EUR/USD is holding within a 10 pips range with USD/JPY little changed below the 156.00 mark. US futures are also not hinting at much as the spotlight this week is on key US data to come.
This will likely make for a quieter session today as we are still stuck in the waiting room.
There won’t be much on the agenda in Europe today to get traders off their seats. So, don’t expect much in the day ahead. If anything else, we might just get more sideways action for now.
0700 GMT – Switzerland Q2 consumer confidence0800 GMT – SNB total sight deposits w.e. 10 May
That’s all for the session ahead. I wish you all the best of days to come and good luck with your trading! Stay safe out there.
This article was written by Justin Low at www.forexlive.com.
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