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US: Personal Income (Sep) rose 0.2%

FXStreet (Edinburgh) - The US Commerce Department informed that US Personal income rose at a monthly pace of 0.2% during September, missing estimates while Personal Spending dropped 0.2%. Further data showed US inflation, measured by the Personal Consumption Expenditures, rose 1.4% over the last twelve months and 0.1% inter-month. Core PCE, which strips food and energy costs, rose 1.5% YoY and 0.1% MoM.

Gold extends fall, ignores the Swiss vote

Gold has slipped to four year low today along with a slide in the holdings in the exchange trade3d funds backed by Gold. The metal has weakened as markets continue to ignore the Swiss vote.
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GBP/USD retreats from above 1.6000

GBP/USD managed to recover from daily lows but it lacked determination to decisively break above the 1.6010 zone, where it continues to meet resistance.
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