It's a slow start to the day once again, as traders are still getting past the US long weekend hangover. The bond market is not offering much hints and that is not helping with the mood in major currencies for now. We might have to wait on Wall Street later for some guidance on the flows this week. The FX board is showing rather minimal changes for the most part thus far:The big news in Asia comes from China, as the PBOC moved to cut its 5-year LPR here. The 25 bps reduction is the largest ever but I would argue that it is too little, too late for China. They needed bigger and bolder steps way sooner and so far, domestic stocks are also sympathetic to that view.Coming up in Europe, there wil
Hence then, the article about not much on the agenda for the session ahead was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Not much on the agenda for the session ahead )