The Euro (EUR) has gained against the US Dollar (USD) in October and is significantly outperforming the New Zealand (NZD) and Australian Dollars (AUD). There hasn’t yet been a positive shift in the data and the ECB is unlikely to hike again. However, there are some hawkish options for the ECB without raising rates. Monday’s session is mixed following a nervy weekend with a high risk of negative headlines. Stock markets closed last week dead on the lows of the weekly range, with the German Dax at 7-month lows and the S&P500 closing below its 200-day moving average. While the weekend news was hardly positive, there was ... (full story)