đ´ Here are the most important developments:
⢠A series of European data for the services and manufacturing sectors were all negative, which weakened the euro for the European session.
⢠While the same data for manufacturing and services will be released in the United States at 4:45 Saudi time
⢠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.
⢠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.
⢠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.