EURUSD stays indecisive ahead of key data, central bankers’ speeches

Traders remain cautiously optimistic amid hopes of witnessing a sooner end to the hawkish monetary policies at the major central banks, backed by the activity data for August. Adding strength to the slightly positive outlook could be the downbeat yields and the US-China news.

However, the US Dollar recently began picking up bids to reverse the previous days U-turn from a two-month high. The same prods the commodity buyers while flashing mixed results for the major currencies and Antipodeans.

EURUSD remains indecisive as US and Eurozone PMIs flash downbeat prints and the traders await Jackson Hole's speeches. That said, GBPUSD prints mild losses as UK recession woes amplify while NZDUSD drops the most among the top-tier currency pairs.

Elsewhere, Gold Price jumps to a two-week high but crude oil drops for the fourth consecutive day.

BTCUSD and ETHUSD register mixed moves as Ethereum appears to gain an advantage over the Bitcoin allure amid industry news.

Following are the latest moves of the key assets:

• Brent oil drops for the fourth consecutive day to $82.80 by the press time.

• Gold price flirts with the highest level in two weeks, around $1,920 at the latest.

• USD Index picks up bids to reverse the previous days pullback from 10-week high.

• Wall Street benchmarks closed in the green and so did the stocks in the Asia-Pacific zone. That said, equities in Europe and UK print mild gains as we write.

• BTCUSD remains mildly bid around $26,500 but ETHUSD holds lower grounds near $1,670 by the press time.