U.S. Treasury Secretary Steven Mnuchin and Home Speaker Nancy Pelosi failed once more to agree on a fiscal stimulus deal. Later as we speak, the U.S. Commerce Division will publish Sturdy Items Orders for September (+0.5% on month anticipated) and the Convention Board will launch its Shopper Confidence Index for October (101.9 anticipated).
From a technical perspective, on a each day chart, EUR/USD stands beneath its former rising pattern line and is difficult its 50-day shifting common (in blue). Readers could due to this fact take into account the potential for additional weak point beneath 1.1900. The closest threshold can be set at October backside at 1.1685 and a second one can be set at September low at 1.1610.