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EUR/USD Signal - EU Consumer Price Index - 31 Oct 2019

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Average: 4.7 (14 votes)

EURUSD is trading below 1.1180 ahead of a busy day in Europe. Forex traders will now follow the inflation data and the GDP figures which are scheduled for 10:00 GMT. The EU unemployment rate is also expected. Yesterday, the Fed was less hawkish than expected which renewed the selling pressure around the U.S. dollar.

eurusd signal 31 oct 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.