ForexLive Americas FX news wrap: Dollar climbs on month-end flows 0 (0)

Forex news for North American trade on October 30, 2020:
Markets:
– Gold up $12 to $1879
– US 10-year yields up 5 bps to 0.87%
– S&P 500 down 63 points to 3246
It was month-end and that added an extra wrinkle to an already-uncertain time. The result was a strong dollar bid into the London fix that was

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Eurozone Q3 preliminary GDP +12.7% vs +9.6% q/q expected 0 (0)

Latest data released by Eurostat – 30 October 2020
The outlook for Q4 looks grim amid tighter virus restrictions and that takes away a lot of the „feel-good“ factor from the last quarter. If anything else, it reaffirms the narrative that the economy cannot quite go back to normal while keeping the health crisis at bay.

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