Dear ,

As requested, let’s look at EURUSD and the recent events that happened in the previous trading session.

EURUSD Analysis

Performance after Wednesday
Period Pct Chg Momentum
Wednesday -0.16% -17.2 Pips
Week to-date -1.31% -143.5 Pips
October -3.18% -354.7 Pips
Upcoming key events (London Time)

No major events for the day.

What happened lately

In the Euro Area, there has been a slight improvement in consumer confidence for October, as indicated by the flash estimate of the Consumer Confidence Indicator. The measure increased from -12.9 points in September to -12.

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European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season.

At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France were flat and the FTSE 100 futures contract in the U.K. fell 0.2%.

The French economy also grew more than expected in the first quarter, climbing 0.4% from the fourth quarter, as consumer spending and business investment held up despite coronavirus curbs.

Mo