U.S. Manufacturing ISM has risen to 55.7 in September, from 52.6 in September, well above the 53.3 reading expected by market analysts, with employment and Production sub-indexes increasing considerably on the month.
Furthermore, Pending home sales increased at a 6.1% pace in October, to 110.1; the eight consecutive increase in pending home sales. Year on year, sales have increased 21.2%.
The Dollar has been hit by risk appetite, and has dipped against its major rivals. EUR/USD reaction from 1.4740 has extended above 1.4800, and the Euro reaches 1.4825 day high at the moment of writing.
GBP/USD has bounced at intra-day low 1.6330, returning above 1.6400, to reach 1.6425 at the moment of wriiting. USD/JPY rebound at 89.85 has extended above 91.00 reaching an intra-day high at 90.70 right after U.S. datta was released.
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