EUR/USD ESCAPES WEDNESDAY’S HOLIDAY VOLATILITY TRAP, SET FOR WAIT TO MEANINGFUL DATA

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  • EUR/USD drifted mostly sideways on sedate Wednesday, heads into quiet Thursday.
  • Fiber traders will be on the lookout for Thursday’s US unemployment applications.
  • Friday looms ahead with PMI activity figures on both sides of the Pacific.

EUR/USD cycled on Wednesday with US markets out for a midweek holiday, and the Fiber heads into the back half of the trading week with mid-tier data on the offering, leaving investors to look ahead to Friday’s Purchasing Managers Index (PMI) activity figures for meaningful data releases to drive sentiment in either direction.


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