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EURUSD at 1.11984, low end of a 20.8 pip London range

USD Flash Manufacturing and Services PMI land at 13:45 UTC, the first scheduled risk of the London day

EURUSD · London session · Published Oct 23, 2026, 8:30 AM

EURUSD last traded at 1.11984, 1.6 pips above the round number at 1.12000 and 9.2 pips above the previous Asia session low at 1.12076. The London session has run between 1.12120 and 1.11912, a range of 20.8 pips, with the session open at 1.12102 sitting 11.8 pips above the last price. Below, the prior day low at 1.11884 is 10 pips away.

The Asia session closed at 1.12101 after a 19.0 pip range over 595 minutes, and the prior trading day ran 67.6 pips between 1.12561 and 1.11884. An ordinary day of the last 14 covers 68.4 pips, and the latest day sits at the 77th percentile of the last 44 days we hold, which is a busy day for this market.

The USD Flash Manufacturing PMI is scheduled at 13:45 UTC with a forecast of 55.4 against a previous 57.0, and the Flash Services PMI at the same time with 57.9 against 58.7. Over 95 past releases of this family, EURUSD moved 7.90 pips on average in the first 15 minutes and 14.16 in the first 60, in either direction. Our calendar covers the whole 24 hour window.

Large speculators are net short 137573 contracts, a change of -38241 on the week and the 0th percentile of the last 52 weekly reports. Among the headlines graded for EURUSD, FXStreet reported the Australian Dollar holding steady amid RBNZ rate hike bets and weak PMI data at 07:33 UTC, graded impact 2 of 3.

Session brief

  1. EURUSD price from our feedLast one-minute close 1.11984 at 2026-10-23 08:29 UTC, from our own candles.
  2. EURUSD, London sessionOpen 1.12102, high 1.12120, low 1.11912, close 1.11984: a range of 20.8 pips over 90 minutes, from our own one-minute candles.
  3. EURUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  4. EURUSD, Asia sessionOpen 1.12150, high 1.12266, low 1.12076, close 1.12101: a range of 19.0 pips over 595 minutes, from our own one-minute candles.
  5. EURUSD daily rangeAn ordinary day of the last 14 covers 68.4 pips. The latest day sits at the 77th percentile of the last 44 days we hold, which is a busy day for this market. Measured on our own candles.
  6. USD Flash Services PMIScheduled 2026-10-23 13:45 UTC, impact 2 of 3. Forecast 57.9. Previous 58.7. From Forex Factory.
  7. EURUSD reaction to pmi_usdOver 95 past releases EURUSD moved 7.90 pips on average in the first 15 minutes and 14.16 in the first 60, in either direction. Measured on our own one-minute candles.
  8. Economic calendar for EUR and USD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-24 08:30 UTC. Our calendar covers up to 2026-11-22 00:00 UTC.
  9. CFTC Commitments of Traders, 099741Large speculators are net short 137573 contracts, a change of -38241 on the week. That is the 0th percentile of the last 52 weekly reports.
  10. Australian Dollar holds steady amid RBNZ rate hike bets, weak PMI dataFXStreet. Graded impact 2 of 3 for EURUSD by our headline classifier.
  11. USD Flash Manufacturing PMIScheduled 2026-10-23 13:45 UTC, impact 2 of 3. Forecast 55.4. Previous 57.0. From Forex Factory.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.