Despite a significant easing of monetary policy in the eurozone, the cessation of hostilities in southeastern Ukraine is likely to support the currencies of EU countries this week, Exness analyst Sergei Kochergin believes. Given the weak August data on employment outside the US agricultural sector, we can count on the correction of the EURUSD pair to the level of 1.3000, and the USDCHF pair to the level of 0.9250.
On Tuesday, September 9, it is worth paying attention to statistics on foreign trade and industrial production in the UK. The expected growth in July from (-9.4 billion) to (-9.1 billion) of the UK trade balance could lead to testing by the GBPUSD pair of 1.6400.