The Eurozone Sentix Investor Confidence Index rose to -5.4 in October following September’s -9.2, the latest survey showed on Monday.
The Canadian Dollar (CAD) found a fresh wave of weakness on Thursday, tipping into a fresh five-month low against the US Dollar (USD) as Loonie traders find few reasons to bid up the battered CAD. US jobs data would typically take the pride of place as this week’s dominant data release on Friday.
EUR/GBP corrected lower on some EUR long squeezing yesterday, but seems to be lacking bearish momentum to trade back to 0.860, ING's FX analyst Francesco Pesole notes.