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Daily Market Outlook (05 Nov 2024)
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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