A partir de agora, somos Elev8

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EUR/USD clings to 1.1600 despite weekly pullback on trimmed Fed Cut bets

The EUR/USD ended Friday with losses of 0.10% but the week finished on a higher note up 0.51% as risk appetite deteriorated amid growing speculation the Federal Reserve would pause its easing cycle next month. Nevertheless, the pair closed above the 1.1600 figure, paving the way for further upside.
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When is the Japan quarterly prelim GDP and how could is affect USD/JPY?

The Japan’s Cabinet Office will publish its data for the third quarter (Q3) at 23.50 GMT. Gross Domestic Product is estimated to show a contraction of 0.6% QoQ in the Q3, compared to an expansion of 0.5% in the previous reading.
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