Monday, October 27, 2014

Outlook For Forex News

10:08 AM

Monday Outlook
The Ifo Institute is to release its report on German business climate. The euro zone is to release data on M3 money supply and private loans.The U.S. is to publish an industry report on pending home sales.

EUR/USD traded at 1.2674, up 0.04%. JPY/USD traded at 108.23, up 0.07%, while AUD/USD changed hands at 0.8805, up 0.15%.Roughly one in five of the euro zone's top lenders failed landmark health Zhecks at the end of last year but most have since repaired their finances, the European Central Bank said on Sunday.

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