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U.S. vehicle sales fall again in November

U.S. existing home sales rise above expectations in October

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Philippine central bank keeps interest rate unchanged at 2 pct

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

Australian economic growth recovers strongly in Q3 2020

Gold recovers from previous day slide on stimulus hopes

Swiss franc likely to gradually depreciate against euro in coming months

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Bank of Thailand keeps key policy rate on hold at 0.50 pct

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Swedish economic sentiment indicator rises in November

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

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Daily outlook for EUR/USD

Wednesday, March 25, 2015 5:17 PM UTC

BofA Merrill Lynch notes .....

While the immediate picture for EUR/USD is not exactly clear, we could pull back to 2wk trendline support at 1.0763 before resuming upwards to 1.1098/1.1188 before forming a larger top and resuming the long term downtrend.
Watch the micro-term range between 1.1027/1.0898 for direction.

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Daily outlook for EUR/USD

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