US Challenger Job Cuts (YoY) improves to 45.73K in October from 40.289K in September

Nov 6, 2013

EUR/USD rebounds on reduced ECB cut bets

The euro has gained this morning on reduced bets that the European Central Bank will move to further cut rates or announce a further LTRO.

The GBP/USD failed to extend UK IP-propelled gains and pulled back below 1.6100 as US traders join the market.