Forex Today: Mood sours to start the data-packed week – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Markets remain risk-averse early Monday as investors keep an eye on geopolitics while refraining from taking large positions ahead of this week's key events. In the absence of high-tier data releases, risk perception should continue to drive the market action in the remainder of the day.
Meanwhile, the US military reportedly shot down an unidentified object, the third one since the downing of the Chinese balloon, flying above Michigan on Sunday.lost over 100 pips last week and stays in a consolidation phase below 1.0700 on Monday. On Tuesday, Eurostat will publish the Employment Change and Gross Domestic Product data for the fourth quarter.holds steady slightly above 0.6900.
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