Relevance until 07:00 2019-10-29 UTC+1
There are a number of important U.S. news items for the new week:On Wednesday, the Fed – the market expects the rate to fall by 0.25%.On Wednesday also the first report on the U.S. GDP for the 3rd quarter – the market expects a slowdown in GDP growth to +1.5%.Friday, the October employment report.EURUSD: Last week’s ECB meeting did not support the euro. We have a deep correction on growth, but growth hasn’t been canceled yet.We hold purchases from 1.0945 and 1.1005, stop at 1.0990.Shopping is possible from 1.1080 and below.
01 Nov