| The US dollar was higher against all its major counterparts on Friday. On the economic data front, US Industrial Production declined 0.2% in Sept from a decline of 0.4% in Aug. Capacity Utilization lowered to 77.5% in Sept from 77.6% in Aug. Finally, University of Michigan Consumer Sentiment increased to 92.1 in Oct from 87.2 in Sept.
The Euro was mixed against its major pairs. In Europe, EU27 new car registrations increased 9.8% in September after being up by 11.2% in August. Euro zone trade balance excess fell to E19.8B in August from E22.4B a month earlier. It was expected to be E22.1B. Euro zone consumer prices increased 0.2% in September, as expected, after being flat a month earlier. YoY, prices were down by 0.1%.
The Australian dollar was under pressure against all its major pairs. |
|
Last |
%1D |
%YTD |
| EUR/USD |
1,1351 |
-0.31 |
-6.17 |
| GBP/USD |
1,5439 |
-0.13 |
-0.89 |
| USD/JPY |
119,47 |
0.49 |
-0.18 |
| EUR/CHF |
1,0825 |
0.05 |
-9.89 |
| EUR/JPY |
135,6100 |
0.20 |
-6.26 |
| EUR/GBP |
0,7353 |
-0.20 |
-5.33 |
| AUD/NZD |
1,0670 |
-0.26 |
1.81 |
| AUD/JPY |
86,8990 |
-0.29 |
-11.11 |
| EUR/AUD |
1,5605 |
0.45 |
5.38 |
| USD/CAD |
1,2909 |
0.32 |
11.08 |
| USD/CHF |
0,9537 |
0.31 |
-4.08 |
| AUD/USD |
0,7274 |
-0.75 |
-11.02 |
| NZD/USD |
0,6817 |
-0.51 |
-12.57 |
|
|
Medium Term Strategy: Forex Pair of the day
USD/CAD – rebound expected
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