The only US data report is import and export prices at 12:30 GMT. The dollar plunged in September, but somehow economists expect import prices to have fallen last month.
EUR/USD is consolidating gains as risk appetites grow following the Fed’s umpteenth reiteration that they are in fact preparing to launch another wave of asset buying. Also helping are upbeat earnings reports from the likes of Intel and JP Morgan.
Offers are eyed at 1.4000, traders report.