Forex News 30 October: Europe

Posted on

EURUSD has mainly been pinned to 1.3760 and GBPUSD to 1.6065 both after earlier rallies, while USDJPY dropped to 98.20 but has done little since.

EURGBP has looked supported at 0.8560 on month-end demand but can’t hold above 0.8570 either but EURCHF has fallen back to 1.2348 on upbeat Swiss data with USDCHF down to 0.8973 from 0.9008.

So all eyes on the Fed but we have the not so little matter of US ADP jobs change and CPI before that.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s