European markets are eagerly awaiting German Buba President Nagel's speech, while recent macroeconomic indicators in the US and UK paint a mixed picture. The Nonfarm Employment Change in the US saw a decrease, potentially impacting the USD in the forex market. GBP CPI rose, hinting at inflationary pressures in the UK. The EUR CPI remained stable. Central banks like the ECB and BoE will closely monitor these developments to adjust their monetary policies. Traders should stay alert for potential shifts in the currency market.
The European markets are abuzz with anticipation as German Buba President Nagel is set to speak, pot...Subscribe to access the full content