EUR/USD very little changed since this morning

EUR/USD very little changed since this morning

2020-10-30 • Updated

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Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair has just surpassed the Tenkan sen level. A failed attempt to move higher will lead the pair into fresh lows.

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US Market View

  • EUR/USD very little changed since this morning trading at the area of 1.1680, while USDJPY is trading at 104.50
  • Wall Street was set to tumble again on Friday, triggered by a sell-off in tech heavyweights following their underwhelming business updates, with a record rise in coronavirus cases and nerves over the presidential election adding to a downbeat mood.
  • Apple fell 4% in trading before the opening bell after it posted the steepest drop in quarterly iPhone sales in two years due to the late launch of new 5G phones.
  • Amazon fell 1.7% after it forecast a jump in costs related to COVID-19 and Facebook shed 1.5% as it warned of a tougher 2021.
  • Google parent Alphabet Inc climbed 7% after it beat estimates for quarterly sales as businesses resumed advertising.

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