EUR/USD pressured in critical daily resistance ahead of ECB
The move higher in yields in recent weeks presents a challenge to the ECB. EUR/USD
EUR/NOK to oscillate around 9.70 as krone set to take a breather – ING
The Norwegian krone has benefitted from a supportive global risk sentiment throughout the week. In
EUR/USD: Not see much upside given the ECB’s message is unlikely to be supportive – MUFG
Next week, will be the European Central Bank (ECB) meeting. According to analysts at MUFG
Canada: Retail sales roared back in August then took another breather in September – CIBC
Data released on Friday showed an increase in August retail sales in Canada of 2.1%,
Russia: Looking at a 50bps hike in December with the key rate at 8% by year-end – TDS
The Central Bank of Russia (CBR) rose the key interest rate by 75bps on Friday,
Canada: Retail Sales rise by 2.1% in August vs. 2% expected
Retail Sales in Canada rose more than expected in August. USD/CAD stays in the negative
US: Markit Services PMI improves to 58.2 in October vs. 55.1 expected
Markit Services PMI and Composite PMI surpassed expectations in October. US Dollar Index continues to
GBP/USD: Options market stays bullish for fourth consecutive week
One-month risk reversal on the British pound (GBP), a gauge of calls to puts, prints
GBP/JPY Price Analysis: Buyers defend 156.00 critical support
GBP/JPY accumulates gains on Monday in the early Asian trading hours. The cross-currency pair took a
NZD/USD Price Analysis: Daily support holding up following weekly breakout
NZD/USD is trying to break higher on the daily and weekly charts. NZD/USD holds in