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Daily Market Outlook
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Daily
Market Outlook (05 Nov 2024) |
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Update
Time: |
05 Nov 2024 08:21GMT |
Next Update
At: |
00:30GMT |
EUR/USD - 1.0890 Despite euro's rally above 1.0905 (Fri) to a 2-1/2 week peak at 1.0914 in New York Mon, subsequent retreat signals recent erratic rise from Oct's 3-1/2 month 1.0762 low has made a temporary top there and consolidation would be seen and above 1.0914/16 heads to 1.0950/60 later. Stand aside on ongoing US election news as below 1.0830/40 revives bearishness for weakness to 1.0809, then 1.0762/70. |
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