# Forex Major Currencies Outlook (Oct 30, 2015) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-30-2015/ Language: en Updated: 2015-10-30 Description: Explore Forex Major Currencies Outlook (Oct 30, 2015). USD The US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar calmed down from its post-FOMC rallies as traders focused on other top-tier data. Besides, the US preliminary GDP reading came in below expectations at just 1.2% growth versus the projected 1.5% expansion. Pending home sales showed a surprise 2.3% decline instead of the expected 1.1% gain. For today, data on personal spending and income are due, along with the core PCE price index. **EUR** The euro struggled to regain a bit of ground in recent trading sessions when data came in mixed. Germany showed a flat preliminary CPI reading, better than the projected 0.1% drop, while Spain showed a worse than expected 0.7% fall in price levels. Germany also reported a larger than expected 5K decline in joblessness, which might mean positive prospects for today’s retail sales release. Traders are likely to pay closer attention to the euro zone CPI estimates, as another negative reading could spur more losses for the shared currency. **GBP** The pound bounced back to action in yesterday’s sessions, thanks to upbeat figures on net lending to individuals. Mortgage approvals and CBI realized sales data both disappointed though. For today, there are no reports due from the UK, rendering the pound sensitive to market sentiment and euro zone data. **CHF** The franc made a bit of recovery in recent trading sessions, as traders probably booked their recent profits. There were no reports out of Switzerland yesterday while today has the KOF economic barometer on tap, although franc traders might pay closer attention to euro zone data and the odds of further ECB easing. **JPY** The yen consolidated against its peers ahead of today’s BOJ statement, although the latest batch of data suggests that the central bank might sound downbeat. Household spending slipped by 0.4% following the previous retail sales disappointment, while both Tokyo and national core CPI figures came in negative. Any signs that the BOJ is willing to expand its easing program could spur yen losses. **Commodity Currencies (AUD, NZD, CAD)** The comdolls were able to regain a bit of ground in latter sessions, as weak data from the US cast doubts on Fed tightening and put risk appetite back on the table. Earlier today, Australia reported stronger than expected PPI readings, spelling positive prospects for its inflation trends and easing fears of another RBA rate cut. The Canadian monthly GDP is up for release and a 0.1% uptick is eyed. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-30-2015/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-30-2015/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-oct-30-2015/", "headline": "Forex Major Currencies Outlook (Oct 30, 2015)", "inLanguage": "en", "datePublished": "2015-10-30T11:54:38+00:00", "dateModified": "2015-10-30T11:54:38+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Oct 30, 2015). USD The US. 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