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US October prices rose faster than expected, and the market almost unanimously bet on a Fed rate hike on December 9. The euro lost 0.28% over the day and is trading around 1.1190.
Philip Lane, Chief Economist of the European Central Bank (ECB), indicated on the morning of November 10 that the rate hike cycle in the eurozone is not over. His words were published at 11:44 MSK, in the middle of the European session.
The Eurozone consumer price report is due on November 4 - forecast at 4.0% year-on-year versus 3.8% a month earlier. The US session adds ADP employment data and the ISM services business activity index, while in the US Democrats have taken both the House and the Senate.
