There is just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1400 level. It is a significantly large one that carries over the same kind of price magnet from yesterday at the figure level.
As such, price action in the session ahead might be more muted in surrounding the expiries. However, any surprises to the inflation numbers from Germany, France, and/or Italy could spark some modest movement in the euro currency. So, just be wary of that.
Otherwise, it might be a case of hugging the expiries before month-end and quarter-end trade takes over. That especially as we move closer to the London fix later in the day.
Besides that, USD/JPY will remain watchful as it breaks the 2024 high and climbs above 162.00. Japan is still not yet feeling compelled to take action just yet and may wait it out until the end of the week unless the price run higher goes too far, too fast in the meantime.
For more information on how to use this data, you may refer to this post here.
