European Morning Wrap

Trump: Vote Democrat if you want tax increases that will shut down the economy US president Trump is up and tweeting on the day IF YOU WANT A MASSIVE TAX INCREASE, THE BIGGEST IN THE HISTORY OF OUR COUNTRY (AND ONE THAT WILL SHUT OUR ECONOMY AND JOBS DOWN), VOTE DEMOCRAT!!! It is tough to read much into the tweet and how his health conditions is progressing but he's already put... Read full article UK PM Johnson: We shall see if additional measures will have driven down the virus Comments by UK prime minister, Boris Johnson - I have no doubt that we can get on top of this virus - Outbreak seems more localised this time than it was in March, April Johnson trying to ease concerns and continuing to defend the strategies the government has employed in curbing the spread of the virus. The numbers... Read full article US states accidentally overpaid virus unemployment claims, now they want their money back WSJ reports At the height of the virus crisis, the whole idea was to try and get the money out to as many Americans possible, as quickly as possible. But even then, there were plenty of cases of delay and what not that you figure they were working mostly to get the right amounts paid to everyone.... Read full article Eurozone August retail sales +4.4% vs +2.5% m/m expected Latest data released by Eurostat - 5 October 2020 However, we'll have to see how the trend looks like towards the end of Q3 and the early stages of Q4 to determine if the recovery pace can keep up.... Read full article USD/JPY pares the drop from Friday, what's next? USD/JPY recovers after the drop to 105.00 on Friday News of Trump testing positive for the coronavirus at the end of last week sent risk assets into a bit of a tailspin as it introduced more uncertainty to the US election race.... Read full article Read The Full Feed Latest Forex Orders FX option expiries for Monday October 5 at the 10am NY cut EUR/USD  1.1700 1.1bn euro amount  1.1730 760m  1.1870 843m  USD/JPY  104.05 360m USD amount  104.50 450m  105.00 1.3bn  105.80 461m  AUD/USD  0.7160 535m AUD amount  0.7230 628m For bank trade ideas, check out eFX Plus  All Forex Orders Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network

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