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Key events ahead; watch US data - Westpac

FXStreet (Guatemala) - Sean Callow, analyst at Westpac Banking Corporation noted the key events coming up.

Key Quotes:

"Today is a holiday in Taiwan, S Korea and Hong Kong. This and a quiet regional data calendar should limit ranges today, with AUD/USD likely to gyrate either side of 0.7000, but not test the broader 0.6895 – 0.7140/50 range.

The US calendar is well worth noting, with Aug personal income and spending data and plenty of Fedspeak. Most notable will be NY Fed’s Dudley, speaking on monetary policy in the NY morning. Then we hear from Chicago dove Evans and (late) SF centrist Williams."

EUR/USD set for a big week of key events

EUR/USD is currently trading at 1.1190 with a high of 1.1198 and a low of 1.1181. EUR/USD is steady after making a minor recovery from the second attempt at the downside from above the 200 SMA at the hourly chart in the vicinity of 1.1280/90 when it reached lows of 1.1116 before a poor session on Wall Street saw a sell-off in the greenback at the end of last week.
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AUD/USD: 0.7110 is key resistance - FXStreet

Valeria bednarik, chief analyst at FXStreet explained that AUD/USD edged lower last week, closing it at 0.7025 after being as low as 0.6938, resuming the dominant bearish trend.
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