EUR/USD dropped below 1.0500 on Wednesday and came within a touching distance of the 2023-low of 1.0483. Early Thursday, the pair seems to have stabil
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .to decline to 4.6% on a yearly basis in September from 6.1% in August.
The US economic docket will feature the final revision to the second-quarter Gross Domestic Product growth and the weekly Initial Jobless Claims data. Market participant, however, could ignore these data and stay focused on political developments. In case Republicans and Democrats come to terms to avoid a government shutdown ahead of the October 1 deadline, risk flows could dominate financial markets and cause the USD to weaken sharply.
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