EURUSD retains the positive stance above 1.1700

September 29, 2020

The EURUSD pair retains the positive stance above 1.1700. The US dollar eases against all of its major rivals as the market mood is mostly upbeat. There is the risk-on sentiment amid renewed hopes for a Brexit trade deal and a US coronavirus aid-package.

Later today in the US, the focus of attention will be on the Conference Board Consumer Confidence measure and several Fed’s speakers, ahead of the presidential debate between President Trump and Democrat candidate Biden.