🔴 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 is expected to be fixed at 4.35%, and if it is fixed, it may support the Australian because the US Federal Reserve reduced it.

• As for Switzerland, the interest rate decision is expected to decline on Thursday from 1.25% to 1.00%, so if the reduction occurs, we will see the franc decline against currencies.

• Because this will translate into the Swiss National Bank following the US Federal Reserve and thus weakening the franc.

👈 Finally, Jerome Powell, Chairman of the US Federal Reserve, will speak next Thursday.