What are the charts saying for the EURUSD  in the new trading week. 
The EURUSD traded below the 200 week moving average over the prior 3 trading weeks.  Each of those weeks could not close below that MA level. In fact, the last 3 weeks closed between the 100 week MA above (blue line in the

Crude oil futures up $1.26 or 1.53%
The high for the day reached $83.80. The low extended to $81.76.
A week ago, the price closed at $82.47. The gain of $1.29 represents a gain of 1.564% for the week.  The close is the highest in seven years.  Since August 20, the price of crude oil is up close to

Forex news from the European trading session – 22 October 2021
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities higher; S&P 500 futures up 0.1%

A statement released by Evergrande main unit, Hengda Real Estate
The statement reads that it has not made substantial progress in disposing Evergrande assets and that the firm cannot guarantee it will be able to continue to meet financial obligations under its contracts.

The key market gauge of long-term euro area inflation expectations hit 2% for the first time since 2014
This just continues to reaffirm that team transitory is slowly losing the battle as the above sentiment will feed into rate expectations as well.

AUD/USD buyers not letting up just yet
The daily candle yesterday seemed a bit ominous for the pair as it fell back below 0.7500 and also below the September high of 0.7478. But buyers are showing some added poise on the day as price is up 0.5% to just above 0.7500 currently.

Latest data released by Markit/CIPS – 22 October 2021
The manufacturing reading remains flattered by the elevated supplier delivery times though, in which the index is still extremely subdued (but oppositely reflected in the overall PMI index) due to supply and capacity constraints in general.

Forex news from the European trading session – 21 October 2021
Headlines:
Markets:
– JPY leads, NZD lags on the day
– European equities lower; S&P 500 futures down 0.3%

Softer tones prevail throughout European morning trade
If anything, this just looks more like a light pullback after the gains over the past week. As mentioned earlier, it could be some profit-taking as US indices near all-time highs. But don’t count out dip buyers before the end of the day. It wouldn’t be the first time.

Reuters reports, citing sources familiar with the matter
The report says that the BOJ is discussing phasing out a COVID-19 loan programme, which is due to expire in March next year, if infections in the country continue to decline and as the economy picks itself back up from the depths of the pandemic.