Morning market update 31 08 2021

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Morning market update 31 08 2021

By Scott Andrews

Morning market update 31 08 2021:

The AUDUSD & NZDUSD are both open sell trades with a flat session overnight which saw the Pending Home Sales (MoM) (July) missed expectations at -1.8% with 0.4% forecast. The notable move was in equities with the US markets moving higher again last night indicating a strong risk on sentiment. In today’s currency call there is the EUR pairs in focus with the EUR CPI released today at 17:00 GMT+8. For the US there is the CB Consumer Confidence (Aug) with 124.0 expected with a beat on expectations could see the US dollar get a lift higher after some side ways trading in the lead up to the NFP on Friday night.

USD index 31 08 2021:

Morning market update 31 08 2021

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