By Scott Andrews
Morning market update 11 08 2021:
Last night the Nonfarm Productivity (QoQ) (Q2) came in under expectations at 2.3% and the Unit Labor Costs (QoQ) (Q2) slightly missed at 1.0%. The DXY held up over 93.00 and for today the main economic events being the US Core CPI (MoM) (July) and CPI (MoM) (July). Still holding the EURUSD sell trade from yesterday at 1.1728 with nothing too high impact coming out from for the EUR I’m ok to leave this position open with the stop loss still at 1.1758.
USD index 11 08 2021:
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