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EUR/USD Forecast: waiting for US data, bears still lead

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 27, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Stocks turned lower in Asia, and the Japanese yen appreciated, with no clear catalyst behind the move, but leading to an EUR/USD advance at the beginning of the European session. Nevertheless, EUR gains have remain limited so far, with the pair currently retreating from a daily high of 1.1071, and trading in quite a limited intraday range. Later today, the US will release its Durable Goods Orders figures, the Markit Services PMI and Consumer confidence data for October, which may define

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