XE Market Analysis: Europe – Jul 30, 2019

The Dollar majors have been plying narrow ranges in early-week, pre-risk event trading. The resumption of person-to-person dialogue between the U.S. and China this week, and the FOMC, which starts tomorrow and concludes on Wednesday, are keeping market participants sitting on their hands for now, who are taking a circumspect view on the chances for meaningful progress in the case of the former, while being uncertain about how much further easing the Fed will be considering following a fully-anticipated 25 cut on Wednesday.

Source: XE news feed
XE Market Analysis: Europe – Jul 30, 2019