EUR/JPY sellers in search for a stronger technical break to the downside
The low today touched 122.34, and that is the weakest level the pair has traded since 20 July. But on the daily chart, the pair is pretty much flirting with support from the 28 September low @ 122.38 currently.

The death count increases by 85 to 10,183 persons
As we see the number of daily infections rise, the death count is also starting to gather pace over the past week or so. As of today, there are ~121,000 active cases across the country. For some context, that figure was ~24,000 at the start of

EUR/USD falls to a low of 1.1745, weakest level since 19 October
The euro is continuing its struggle since late overnight trading, after a drop below 1.1800 and its 200-hour MA (blue line). As such, sellers have seized near-term control.

Forex news from the European morning session – 27 October 2020
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities lower; E-minis up 0.4%

It has been all quiet on the Brexit front over the past few days
Will that be enough to yield a concession from either side? We’ll see.

But the firm says they still plan to apply for emergency use of its coronavirus vaccine in late November, if the data is positive
However, the data monitoring committee has not conducted interim efficacy analysis of the vaccine yet. So, that stands in the way of the firm from .

Latest data released by CBI – 27 October 2020
„The fall in retail sales in October is a warning sign of a further loss of momentum in the economy as coronavirus cases pick up and restrictions are tightened across many parts of the country.“
The survey also shows that retailers are expecting to cut orders to suppliers

Comments by German finance minister, Olaf Scholz
Well, we will have to wait and see what the meeting between Merkel and regional leaders on Wednesday will yield but a in any form would be a blow to the German economic outlook in Q4 – even if the auto sector has been holding up.

Forex news from the European morning session – 26 October 2020
Headlines:
Markets:
– GBP leads, CAD lags on the day
– European equities lower; E-minis down 1.0%

Bundesbank remarks in their latest monthly report
It is going to come down to how much the government wants to focus on the health crisis, against the backdrop of having to sacrifice parts of the economy to do so.