Forex News 31 October: Europe

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EUR/USD at 1.3620, Euro hits a new 2 week low record against dollar on thursday

EUR/GBP is down to 0.8491 from opening levels of 0.8564 despite the expected month-end buying which is likely to have been front run or just absorbed in the fall-out.

EUR/JPY has been down to test support at 133.89 while EUR/AUD has tumbled to 1.4338 from o/n highs of 1.4511.

Elsewhere GBP/USD looks supported above 1.6000 still, helped by the EUR/GBP selling, but still has good resistance around 1.6034 providing a cap.

USD/JPY has drifted off to 98.41 on EUR/JPY sales.

 

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