The London market outlook is based on expected trading during New York hours ahead of US economic data releases, while monitoring the euro/dollar and developments in the Middle East.
The outlook for the London foreign exchange market has been released, focusing on developments in the euro/dollar pair.
The market is expected to wait for New York trading while monitoring developments in the Middle East.
Against a backdrop of foreign exchange market volatility risk, this article outlines the factors attracting attention in the London market.
Overall, developments in the Middle East and the US market are positioned as factors driving fluctuations in dollar/yen and euro/dollar.