By Christopher Romano — Nov 01 - 10:10 AM
EUR/USD fell to 1.0522 on EBS after below estimate US Oct ADP report
Pair rallied after downbeat US October ISM mfg PMI, 1.0563 hit on EBS
US yields US2YT=RRUS10YT=RR dropped near session lows after ISM data
Above estimate September JOLTS report tempered US$ selling however
EUR/USD slid back below 1.0540, traded down -0.35% in Europe's afternoon
Techs lean bearish; RSIs are falling & pair below the 10- & 21-DMAs
Fed meeting in focus, rate hold expected, statement & presser are key
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary