BREAKING: EURUSD at 1.11 despite nightmare data

Another report from Germany delivers a major disappointment – industrial output in October declined a massive 5.3% y/y, way above expectations (-3.6%) and September data has been revised downwards. Markets hoped to see a minor improvement but instead the data shows no ray of hope. EURUSD remains unfazed though – the pair has climbed to 1.11 on global USD weakness as traders eye 1.1180 resistance. A lot still could change today as markets await the key NFP report from the US economy (1:30pm GMT).

5 November 2026, 1:16 PM

Market Wrap: European Gas Rebounds as Rheinmetall Plunges

5 November 2026, 9:38 AM

Norges Bank keeps rates unchanged, but leaves the door open to rate hikes. Is this really the end of the NOK strengthening, though?

4 November 2026, 7:08 PM

Daily Summary: Blue Wave in Congress Triggers Market Euphoria, Oil Plunges

4 November 2026, 3:31 PM

BREAKING: ISM for services grows at the slowest pace in three months, cost pressure persists

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