It's been another sluggish session today given the lack of tier one data releases and limited newsflow. The only notable headlines were the Japanese trade negotiator saying that they keep seeking common ground on tariffs with the US and BoE's Governor Bailey mentioning that the "short US dollar" is now the most crowded trade.
This is all well known stuff and obviously didn't move the markets. We keep on going on by inertia waiting for some meaningful development on the tariffs or interest rates front. For now, it's all kind of dormant.
The US session will likely have the same fate given that we will just get the US Richmond Fed Manufacturing index. This is a volatile low tier indicator and rarely market-moving. There's also Fed Chair Powell speaking but given that we are in the blackout period, he won't comment on monetary policy.
This article was written by Giuseppe Dellamotta at investinglive.com.Hence then, the article about investinglive european fx news wrap another sluggish day amid lack of key events was published today ( ) and is available on forex 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.
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