Published on October 1, 2024 In the currency market, the EUR/USD pair continues to attack the 1.12 – 1.1220 zone, which remains the most important resistance in the short term. However, the pair was unable to break this zone and, thanks to the appearance of J. Powell in yesterday's session, it fell back to levels of 1.1130, which is where the day begins today. The president of the Federal Reserve indicated that two additional cuts of 25 basis points are expected for 2024, if economic data meets expectations. In today's session we will have Bostic, Barkin and Collins on the cables, as well as the debate on the vice presidency of the United States. On the European side, bets on a 25 basis point cut at the next meeting in October increase to 90%. The publication of the final CPI reading will capture the attention of investors with an expected rate of 1.8%. Of the rest of the currency panel, the pound is trading strongly appreciated and is at annual lows against the community currency at levels of 0.8315. The Japanese yen declines against major pairs with EUR/JPY at 160.80 and USD/JPY at 144.45. The Swiss franc began the week on a back-and-forth basis, breaking below 0.94 before recovering to close at 0.9440.