The U.S. dollar traded mixed against the most major currencies. The weaker-than-expected U.S. economic data weighed on the greenback. Pending home sales in the U.S. rose 0.3% in September, missing expectations for a 1.1% increase, after a 1.0% drop in August.
The U.S. preliminary services purchasing managers' index declined to 57.3 in September from 58.9 in August, missing expectations for a decrease to 58.7.
The New Zealand dollar traded higher against the U.S. dollar in the absence of any major economic reports from New Zealand.
Market participants are awaiting the Reserve Bank of New Zealand's and Fed' interest rate decision on Wednesday. They expect that the Reserve Bank of New Zealand will keep its interest rate unchanged at 3.50%, and the Fed will end its bond-buying program.
Investors also expects new signs for further monetary policy.
The Australian dollar traded higher against the U.S. dollar in the absence of any major economic reports from Australia.
Market participants are awaiting the Fed' interest rate decision on Wednesday.
The Japanese yen traded mixed against the U.S. dollar after the better-than-expected retail sales from Japan. Retail sales in Japan jumped 2.3% in September, exceeding expectations for a 0.9% increase, after a 1.2% gain in August.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
12:30 U.S. Durable Goods Orders September -18.4% Revised From -18.2% +0.4%
12:30 U.S. Durable Goods Orders ex Transportation September +0.4% Revised From +0.7% +0.5%
12:30 U.S. Durable goods orders ex defense September -19.0%
13:00 U.S. S&P/Case-Shiller Home Price Indices, y/y August +6.7% +5.7%
14:00 U.S. Consumer confidence October 86.0 87.4
23:50 Japan Industrial Production (MoM) (Preliminary) September -1.9% +2.3%
23:50 Japan Industrial Production (YoY) (Preliminary) September -3.3% -2.6%
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