đŽ Here are the most important developments:
âą A series of European data for the services and manufacturing sectors were all negative, which weakened the euro for the European session.
âą While the same data for manufacturing and services will be released in the United States at 4:45 Saudi time
âą As for tomorrow, Tuesday, the Australian interest rate decision is expected to be fixed at 4.35%, if fixed, it may support the Australian because the US Federal Reserve has reduced it.
âą As for Switzerland, the interest rate decision on Thursday is expected to decline from 1.25% to 1.00%, so if the reduction occurs, we will see a decline in the franc against currencies.
âą Because this will translate into the Swiss Central Bank following the US Federal Reserve and thus weakening the franc.
đ Finally, Jerome Powell, Chairman of the US Federal Reserve, will speak next Thursday.
