Daily Market Review 9 of October
General

Today is a crucial day as market will hear ECB president describes its economic outlook and monitory policy. We expect the ECB the support the already beaten markets, with an outlook for a low interest rates and further monetary expansion.

Key fundamentals to watch today:


7:30 ECB president speaks.

12:15 Canada house starts.

Technicals

Support at 1.28 with a midterm potential target price of 1.27 resistances at 1.306 and at 1.315.