Spot climbs to 3-day tops in the 1.1400 neighbourhood. The greenback tumbles to lows near 96.40. US ISM Manufacturing next of relevance in the calendar. EUR/USD is extending the upside momentum to the 1.1400 region so far on Thursday, clinching at the same time fresh 3-day peaks. EUR/USD now focused on US data The pair is recovering part of the recent sharp losses to the boundaries of 1.1300 the figure on Wednesday, always on the back of a strong selling sentiment hitting the greenback. The better tone in the riskier assets remains propped up by rising optimism (wishful thinking?) over a potential Brexit deal at some point later in the month, as per recent comments by UK’s negotiator D.Raab. Looking ahead, the buck should be in centre stage in light of the publication of the manufacturing gauge by the ISM. Earlier in the day, Initial Claims rose 214K WoW, Unit Labor Costs rose 1.2% QoQ in Q3 and Nonfarm Productivity expanded 2.2% QoQ during the same period. EUR/USD levels to watch At the moment, the pair is up 0.65% at 1.1386 facing the next hurdle at 1.1416 (high Nov.1) seconded by 1.1467 (21-day SMA) and finally 1.1550 (high Oct.22). On the other hand, a break below 1.1302 (low Oct.31) would target 1.1299 (2018 low Aug.15) en route to 1.1118 (monthly low Jun.20 2017). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD soars to near 1-month tops, closer to 0.7200 handle FX Street 4 years Spot climbs to 3-day tops in the 1.1400 neighbourhood. The greenback tumbles to lows near 96.40. US ISM Manufacturing next of relevance in the calendar. EUR/USD is extending the upside momentum to the 1.1400 region so far on Thursday, clinching at the same time fresh 3-day peaks. EUR/USD now focused on US data The pair is recovering part of the recent sharp losses to the boundaries of 1.1300 the figure on Wednesday, always on the back of a strong selling sentiment hitting the greenback. The better tone in the riskier assets remains propped up by rising optimism (wishful thinking?) over… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
