French FinMin Sapin: ECB monetary policy is appropriate

FXStreet (Córdoba) - French Finance Minister Michel Sapin said on Monday European Central Bank monetary policy is appropriate and it could be difficult to enact more monetary stimulus, via Bloomberg.

EUR/USD: sticky at the pivot on major week

EUR/USD is stuck to the pivot with a high of 1.1068 and a low of 1.0998. EUR/USD has been in a dead spot for the opening of the week while the causes and effects of China cuts and ECB dovishness plays havoc on the euro crosses on a key week for the US dollar and a number of EZ data events.
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NZ trade balance preview: What to expect of NZD/USD

New Zealand trade balance figures are due for release early during the Asian session, at 21:45 GMT. The expectations are for a NZD 800 million deficit in September, following a NZD 1.035 billion deficit the previous month.
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