GBP/USD, EUR/USD Drops, USD/CAD Rejects Key Resistance - US Market Open

MARKET DEVELOPMENT – GBP/USD, EUR/USD Drops, USD/CAD Rejects Key Resistance

市场发展 - 英镑/美元，欧元/美元滴剂，USD / CAD拒绝关键阻力

DailyFX 2019 FX Trading Forecasts

DailyFX 2019 FX交易预测

EUR: The Euro has gotten off to a soft start to begin the week following a raft of weak PMI figures. Germanys manufacturing recession has continued to worsen with concerns mounting that the slowdown could become more broadbased as the services sector had also slowed to a 9-month low. As such, it is likely that the German economy slipped into a technical recession in Q3, which in turn is likely to see the calls for Germany to release the fiscal taps grow louder. While the Euro tripped through 1.1000 on the release, hitting a low 1.0967, the currency has grinded back towards 1.1000. As a reminder, there is a sizeable $5.3bln vanilla option expiring at 1.1000 on Thursday, particularly acting as a magnetic draw in the meantime. Elsewhere, support is seen at 1.0927 (post ECB low).

EUR：欧元已经有了一个软起动开始周以下的弱PMI数字筏。德国的制造业经济衰退继续关注安装的减速可能变得更宽阔的是服务业也放缓至9个月低点恶化。因此，它很可能是德国经济陷入第三季度技术性衰退，这反过来可能会看到呼吁德国发布的财水龙头成长响亮。而欧元通过1.1000绊倒释放，创下了低1.0967，该货币已经磨背对着1.1000。作为提醒，有一个相当大的$ 5.3bln常规期权在1.1000，周四到期，特别是作为在其间的磁性平局。在其他地方，支撑位在1.0927（交ECB低）。

CAD: With little on the domestic agenda, the Canadian Dollar is taking its cue from oil prices. Initial weakness in the Loonie as crude oil edged to session lows on the back of source reports highlighting that Saudi Arabias oil facilities would fully restore oil production by the beginning of next week. However, yet again bids in USD/CAD had been capped at the 1.3300-10 area, which coincides with the 200DMA (1.3305).

CAD：随着小的国内议程，加元因油价采取了线索。在加元的初始疲软，因原油小幅盘中低点在源报告强调指出，沙特的石油设施将完全由下周一开始恢复石油生产的背部。然而，再一次在USD / CAD出价已在1.3300-10区域，其与200DMA一致（1.3305）封端。

GBP: The Pound trades at session lows of 1.2415 at the time of writing as EU‘s Barnier dampens expectations of a Brexit referendum. The EU’s Chief Negotiator highlighted that there is currently no basis for reaching a deal, given that the UKs proposals on alternative arrangements to the backstop are insufficient in fulfilling its objectives.

GBP：在1.2415盘中低点的英镑交易在写入作为欧盟巴尼耶衰减一个Brexit公民投票的期望的时间。欧盟首席谈判代表强调的是，目前对达成协议的基础，因为在其他安排到后面UKS建议顶部是在实现其目标不充分。

Source: DailyFX

来源：DailyFX