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The FxPro Analyst Team

Midday EUR roundup

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USD is on the back foot to major competitors. EURUSD is trading 1.1520, from 1.1490 at the day start.

Bullish: Trump again said he is “not thrilled” by FOMC active rates hikes and named China and EU currency manipulators.

Bearish : Probability rates hike on September is at 93.6%, the same as on Friday and just 1.4 pp lower than 1 week ago.

Next focus on: FOMC Minutes publication on 18:00 GMT on Wednesday.

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