On the economic calendar, we’ve observed the figures of expenditure of the households in the United States.
Expenses rose 1% against 0.8% expected and 0.1% previously.
The PCE core was unchanged at 1.3% y/y as expected.
On the Forex, the Dollar has not substantially reacted, and the EUR/USD is always between 1.1620 and 1.1660.
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Forex (Barclays) : The bank recommends buying GBP and USD against JPY this week
Forecasts EUR/USD and trading strategy for the week of October 30, 2017
EUR/USD : The Euro Dollar remained steady intraday but the rebound remains limited
EUR/USD (Maybank) : The Euro could continue to fall on the Forex if the rebound remains content
Options Forex that will expire on Monday 30 October
AUD/USD : The indicator SSI FXCM is currently at 1.95, and shows that 66% of traders are buyers, indicating a potential bearish reversal
EUR/USD (Lloyds Bank) : The Euro could bounce before resuming the fall on the Forex
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