Forex news for the European morning trading session 21 Sept 2017

News:

Data:

Another busy session understandably as the post-FOMC fallout continues.

Here's the summary bullets:

  • EUR demand sees EURUSD rally from 1.1885 to test 1.1920 offers/res and EURGBP up to test 0.8835 after holding 0.8800
  • EURGBP demand helping to cap cable above 1.3500 but support/demand noted into 1.3470
  • GBPJPY supply also helping to cap core pairs with USDJPY failing above 112.70 to retreat to 112.40
  • AUDUSD falls from 0.8005 to 0.7925 on a combo of Lowe comments/China ratings downgrade/metal prices lower/USD demand
  • USDCHF rallies to 0.9748 on general USD buying but capped by EURCHF supply into 1.1600 after strong rally
  • USDCAD has risen to 1.2368 helped by lower oil prices along with the USD demand
  • Gold has fallen from $1305 to $1291 in a general metal price retreat

Draghi speaking at 13.30 GMT

US data to come: