Daily economic digest from Forex.ee
Stay informed of the key economic events
Monday, June 26th
The EUR/USD pair regained positive tone on the European opening, as the US dollar remains unable to recover its positions across the market. On Friday, the buck caught fresh offers on the back of dovish talks of FOMC members James Bullard and Loretta Mester, who spoke in favor of less aggressive rate hike in terms of weaker inflations growth pace. It is expected that the dovish comments of committee members will continue to remain as a main driver for the market, providing negative impact on the dollar during this trading session. Now immediate focus shifts towards the bloc of macroeconomic releases from the German economy, while later ahead we will have the US Core Durable Goods Orders report and ECB President M.Draghis speech at the ECB Forum on Central Banking in Portugal, which will be able to bring some fresh trading opportunities during NA session.
Click here to see all current market developments.
The best conditions for making a start on STP only at Forex.ee! Register an account now and feel the difference from the first trade!
Your European ECN-broker,
Forex.ee