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- Foreign exchange market. American session: the U.S. dollar traded lower against the most major currencies after the weaker-than-expected U.S. pending home sales and services purchasing managers' index
Foreign exchange market. American session: the U.S. dollar traded lower against the most major currencies after the weaker-than-expected U.S. pending home sales and services purchasing managers' index
The U.S. dollar traded lower against the most major currencies after the weaker-than-expected U.S. pending home sales and services purchasing managers' index. 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 euro increased against the U.S. dollar. German Ifo business climate index fell to 103.2 in October from 104.7 in September, missing expectations for a decline to 104.6. That was the lowest level since December 2012.
Eurozone's adjusted M3 money supply climbed 2.1% in September, exceeding expectations for a 2.2% increase, after a 2.1% gain in August. August's figure was revised up from a 2.0% rise.
Eurozone's private loans fell 1.2% in September, beating forecasts of a 1.3% decrease, after a 1.5% drop in August.
The British pound rose against the U.S. dollar. The Confederation of British Industry released its monthly Distributive Trades survey today. The CBI retail sales balance remained unchanged at 31% in October, missing expectations for an increase to 35%.
The New Zealand dollar traded higher against the U.S. dollar in the absence of any major economic reports from New Zealand.
The Australian dollar traded slightly higher against the U.S. dollar in the absence of any major economic reports from Australia.
The Japanese yen traded higher against the U.S. dollar in the absence of any major economic reports from Japan.
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