Merrill Lynch, an American investment bank, reported a loss in the third quarter, confirming market expectations. Because the foreign exchange market has digested this, it failed to cause the shock of the foreign exchange market, and the EUR/USD remained stable above 1.4200. Previously published bank performance reports in JPMorgan Chase and the United States triggered a shock in the foreign exchange market.

Some analysts pointed out that the focus of the market is still on the existing home sales data of the United States in September. If the data is strong, USD is expected to rebound, and EUR/USD may fall below 1.4200.

The analyst also said that the daily K-line chart shows that the euro/dollar is still stable above the 20-day moving average, and as long as the exchange rate is stable, it will reach a new high.

At 20:09 Beijing time, EUR/USD reported 1.4332/35.