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EUR/USD pared recent losses to hold above 1.1000 after weekend comments from ECB and Fed officials. Traders are awaiting Eurozone inflation, Q2 GDP and US payroll data.
The note is a routine technical market wrap.
The currency move is a routine market report with no new cause, so it has little effect on feed commodity prices.
octaafrica.netJul 31, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
