By Jeremy Boulton — Aug 30 - 05:50 AM
Four of six German states report inflation rising in August
U.S. JOLTs data boosts hopes for a peak/pause in U.S. tightening cycle
EUR/USD trades 1.0856-88 EBS range on Aug 30
Follows 1.0782-1.0892 surge triggered by JOLTs data
Close over 21-DMA 1.0904 may excite traders already betting on a rise
Topside targets: 1.0960, 1.1021 and 1.1081
Euro zone economic sentiment deteriorates in August nS8N385039
Business climate -0.33 in August - weakest since Dec 2020
EUR/USD traders might bet that September ends with a twist nL1N3AB0E2
Source:
Refinitiv IFR Research/Market Commentary