US October 27 Redbook index (MoM) falls 1.2%; (YoY) grows 3.8%

Nov 5, 2013

EUR/GBP struggles to remain above 0.8400 handle due to diverging economies

The EUR/GBP is struggling to remain above the 0.8400 handle, as ahead of Thursday’s BOE,ECB meetings it seems that the ECB is enforced to loose further monetary policy.

US: Redbook Index fell 1.2% MoM

The Redbook index contracted 1.2% on a monthly basis and expanded 3.8% over the last twelve months in the week ended on October...