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Thursday 1 September 2016

Daily Market Roundup (September 01, 2016): DailyForex.

Published on Sep 1, 2016
The market yesterday was mostly quiet and unchanged over the day. We now look ahead to the key non-farm payrolls release due tomorrow to provide crucial direction.

The EUR / USD currency pair remains unchanged, sitting very firmly in the middle of its multi-month long-term consolidation range.

The USD / JPY currency pair continues to rise, and has broken above the anticipated resistance below 103.00, which is a bullish sign.

The GBP / USD currency pair looks very choppy and indecisive at present. It can still be said to be in a long-term downwards trend.

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