A Forex trader with a more than 10-years experience in leading investment banks. She gives her weighted view of markets through analytical articles, regularly published by RoboForex and other popular financial sources.
The Eurozone is set to release information on retail sales for July and revised GDP for Q2 2023. The EUR currently responds little to reports, as the focus is on future interest rates. The ECB is unlikely to increase the borrowing cost rapidly, which is a factor of pressure on the EUR.
China will publish data on its exports and imports for August, with expectations for some improvement compared to July. The more robust the statistics are, the better it is for risk-related assets.
The US is to release reports on industrial orders, trade balance for July, and the services PMI from Markit for August. The USD is still in a strong position due to market doubts about the interest rate outlook.