Oct 21
This morning the Euro has recovered from its initial drop and is showing strength rising to around the 1.4958 level. This morning Sterling has risen to 1.6506 from its open of 1.6384. Technical resistance as aforementioned next at 1.6495/00. The JPY/USD is showing weakness today currently at around the 90.53 mark. Due for release today there is Fed’s Plosser to Speak at Stanford on Monetary Policy, Westpac Leading Index, NZD Credit Card Spending, CHF Real Estate Index Family Homes, GBP Bank of England Minutes, GBP U.K. CBI Quarterly Industrial Trends Total Orders, USD Fed Releases Beige Book Economic Report, JPY Merchandise Trade Balance Total, USD Adjusted Merchandise Trade Balance.
By Ultimate Forex Profits
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