It's a big week for FX traders, as a raft of economic numbers are due for release this week. Thursday sees Interest Rate decisions in the UK, the US and the Eurozone - these will be in focus following Australia's recent rate hike. The EURUSD chart below shows what a rocky month October was for the major, so November may prove equally compelling.
- EURUSD range 1.4681-1.4773. Was sold with EURJPY early on although support at 1.4680/1.4650 holding. Resistance above at 1.4795/1.4820.
- USDJPY range 89.18-90.25. JPY bought across the board early and reversal as other JPY crosses. Shanghai bounce also helped the JPY/Crosses. Resistance 90.25/90.80/91.00 at the moment.