OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD drops below 0.8670, 3-day low

FXStreet (Córdoba) - AUD/USD dropped from 0.8680 to 0.8647, hitting the lowest since last Tuesday after the release of US economic data. The pair rebounded and it was trading at 0.8664, down 0.59% for the day.

USD up after data

During October retail sales rose 0.3%, above the 0.2% expected; excluding autos, retail sales climbed 0.3%. The US dollar gained momentum across the board after the report while the aussie was the most affected among commodity currencies.

AUD/NZD dropped to 3-week lows after the report below 1.1050 while AUD/CAD trimmed weekly gains and fell from 0.9885 to 0.9840.

GBP/USD breaks below 1.5650 after US retail sales

The British Pound is extending its bleeding against the US Dollar after a strong retail sales report from the United States. The GBP/USD dropped 50 pips after the data to its lowest level since Sept. 9 at 1.5615.
Read more Previous

USD/CHF pushes higher after US data, but keeps the range

USD/CHF pushed higher, moving closer to the 0.9700 band as the dollar strengthened in the wake of better-than-expected US retail sales figures.
Read more Next
Start livechat