Forex Analysis

Central European Daily

The satisfied CNB has no intention for ease further.

EURUSD was little changed Asia morning (1.2379),

In the US we expect another strong labour market report for October thisafternoon,

After some ups and downs during and following the ECB press conference (see more below), German yields ended the day roughly unchanged.

The pair closed in NY Thursday at its intraday low of $1.5826 after rate had been pulled lower by

The pair drifting lower into the European session after mostly regaining the important $0.8545 50% Fibonacci level,

The pair opened this morning at $1.2375 after it crumbled to a $1.2364 low during the US/European session overnight following comments from

The pair opened at Y115.21 this morning and then saw an early move higher,

Draghi dropped plenty of hints that the Governing Council was preparing for more easing.

As usual the ECB has indicated they will “wait” for recent stimulus to “sink in” and

The Swiss remains in a downtrend pattern on its charts. Reports that the ECB is going to

The Yen was at least temporarily oversold into the lows overnight and