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EUR/USD back parked at 1.16

The US$ is a bit lower to start the week and the EUR/USD is back at 1.16 making we wonder if it might park there until Wednesday’s FOMC. The AUD pairs are little changed but watch to see how today’s RBA update might impact them.

 

NB: Wednesday’s update will be released later in the day as I have morning appointments.

 

Data:

 

Earnings:

 

DXY weekly: consolidating ahead of FOMC:

 

EUR/USD 4hr: back near 1.16:

 

AUD/USD 4hr: chopping sideways ahead of today’s RBA rate update:

 

AUD/JPY 4hr: also chopping sideways ahead of today’s RBA rate update:

Other charts: little changed from weekend update.