Forex News 30 October: Europe

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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.

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