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Market Overview

EUR/USD Little LowerAhead of ECB

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EUR/USD is trading at 1.0559, down 0.009.

The pair is trading a little lower as overseas forex traders begin to wind down trading forex trading for the day.

Market chatter about European Central Bank (ECB) monetary policy is making the rounds. The ECB Governing Council monetary policy meets on Thursday. The meeting will be followed by an interest rate announcement at 7:45 a.m. ET. and a press conference held by ECB President Mario Draghi at 8:30 a.m. ET.

In other Forex Markets;
June U.S. Dollar Index is trading at 101.86, up 0.17.
GBP/USD is trading at 1.2164, down 0.0039.
USD/JPY is trading at 114.55, up 0.63.
USD/CAD is trading at 1.3447, up 0.0034.
AUD/USD is trading at 0.7545, down 0.0047.
USD/CNY is trading at 6.9100, up 0.0100.

 

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Posted-In: EUR/USD euroFutures Forex Markets

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