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EURUSD
The ISM industrial report for the USA for October has been released.
Business activity came out better than expected, 50.2%.
This is not much higher than the forecast of 49% - but even this was enough for the euro to fall, and a noticeable fall.
The euro is ready to fall due to the US Federal Reserve if there is no hint of policy easing in the future.
European Central Bank President Christine Lagarde said that the ECB is ready to raise the rate further - but as we can see this does not help the euro.
The market is waiting for the Fed.
The euro may possibly fall to the lows of the year.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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