Euro To Gain on US Dollar, 1.33 in Sight
We began last week with the assertion that the Euro price action had formed a Falling Wedge bullish reversal formation and was positioned for a bullish… Euro To Gain on US Dollar, 1.33 in Sight We (Forex)
strategist@dailyfx.com (Ilya Spivak, Currency Analyst)

AUD/USD Daily Outlook
AUD/USD gaps higher today but after all it’s still staying in range of 0.6543 and 0.7014. With 0.6543 support intact, there is no confirmation of completion of rebound from 0.6008 yet. Further rally cannot be ruled out and break of 0.7014 will target 38.2% retracement of 0.9849 to 0.6008 at…

German Manufacturing orders decline more than expected in September
FXstreet.com (Barcelona) Orders for goods manufactured in Germany have posted a well larger than expected decline in September, reversing widely the increase posted in August.

Manufacturing orders have declined 8.0% in September in Germany, a sharper than the 1.5% expected decline: Year On year orders have declined 2.7%.

Figures for August have been revised to a 3.5% monthly increase and a 7.4% yearly drop, from the 3.6% monthly and -7.6% yearly readings previously estimated.

FXstreet.com

Canada Housing Starts s.a decline 3.1% to 211.8K in Oct
FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com
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