Euro / dollar remains under pressure

A pleasant surprise from the report, Chicago PMI, as well as a slightly higher rate of index of consumer sentiment for October, the University of Michigan failed to inspire the bulls in the euro / dollar for a new assault attempt. Euro is currently continuing pressingovat session lows, and while the bids around $ 1.4780/70 while holding back a couple of further fall, dealers are reminded of feet below, and pay attention to the rebalancing of the positions of market participants at the end of the week and month. They note that investors have left a large amount of long positions in the euro, and see the risks to decline to $ 1.4760/50 and $ 1.4730/20.