Range is above the average range
The USDCHF as trended lower with the dollars move lower today. The range today has been an extended 75 pips. That is 21 pips above the average trading range seen over the last 22 trading days.

CFTC commitments of traders data for the week ending October 5, 2020
– EUR long 174K vs 188K long last week. Longs trimmed by 14K
– GBP short 11K vs 13k long last week. Shorts trimmed by 2K

Forex news from the European trading session – 9 October 2020
Headlines:
Markets:
– NZD leads, USD lags on the day
– European equities a little higher; E-minis up 0.5%

Der Spiegel reports on the matter
In terms of actual developments, this isn’t anything too new as it mainly reaffirms the EU’s stance over the past week or so.

Gold gains alongside stocks as the dollar slips
Gold is keeping in a good spot as buyers are holding gains above $1,900 but from a technical perspective, there is more work to be done for the upside momentum to continue beyond the gains so far today.

Local media reports on the matter
This comes after a Madrid court struck down a national government order that imposed a partial lockdown in the Spanish capital yesterday.

BofA says the market is pricing in a Democratic victory next month, which could mean even more fiscal stimulus to follow
The firm notes that bond funds have seen their second-largest weekly inflows ever of $25.9 billion, with the market starting to adjust to the current election odds by pricing a a ‚blue wave‘ outcome in

ECB releases its account of the September monetary policy meeting
There’s quite a bit of mention on the euro but it is mostly just noting that there is some impact from the latest appreciation on the inflation outlook in general. The minutes fall short of detailing any added concerns beyond what has been said recently.

Forex news from the European trading session – 8 October 2020
Headlines:
Markets:
– AUD leads, GBP lags on the day
– European equities higher; E-minis up 0.4%

Latest update from the Commission on Presidential Debates