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.

Sterling gets a lift as EUR/GBP falls by 0.5% to 0.9050
This comes as EUR/GBP is sliding to a fresh session low of 0.9050 as price action there takes out both key hourly moving averages @ 0.9064-67 respectively, after hitting a near-term double top close to the 0.9100 handle.

Switzerland rules out going back to lockdown
As have pretty much all countries across the globe, considering that the economic costs are just too painful for governments to bear after the experience in March to April.