Main Quotes Calendar Forum
flag

FX.co ★ Evening review of EURUSD on October 29, 2020

parent
Forex Analysis:::2020-10-29T13:19:56

Evening review of EURUSD on October 29, 2020

Evening review of EURUSD on October 29, 2020

Strong US data: The US GDP for the third quarter gains 33% after falling 30% in the second quarter. The GDP deflator also went up at 3.8%.

The country's long-term unemployment fell by another 700,000. That is, from 8.4 million to 7.7 million.

Meanwhile, as observed, the euro managed an upward reversal, thus, purchases can be considered from 1.1760 with a stop at 1.1715.

The ECB meeting is scheduled today at 13:30 UTC, where we expect a speech from the head of the regulator, Christine Lagarde.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...