US November Reuters/Michigan Consumer Sentiment Index falls to 72 vs 73.2 in October

Nov 8, 2013

EUR/USD holds above 100-day SMA

The EUR/USD fell to fresh daily lows after strong nonfarm payrolls figures boosted optimism over the US recovery and hence the greenback.

EUR/GBP in tight range after losing 0.84 handle

EUR/GBP dropped from 0.8413 to eventually print a low on the day yesterday of 0.8299. With a market focused on the dollar at the end of the week, the pair has stuck to a tight range since climbing back into 0.8340 territory.