Powell and Lagarde Provide Volatility | Daily Market Analysis
Key events: Eurozone - Euro Summit Canada - Employment Change (Aug) Canada - Unemployment Rate (Aug) The EUR/USD pair traded above 1.0000 in anticipation of the European Central Bank's monetary policy decision as demand for the dollar remained subdued. During the first half of the day Asian and European stocks struggled to continue rising, although most indices held on to most of their intraday gains. At the same time, government bond yields remained at the lower end of their weekly range.