Forex news for US trading on November 3, 2015
The economic "high" light came from US vehicle sales today. The annualized sales pace reached 18.24M. With last month’s pace at 18.2M, it is the first time since 2000 that auto sales exceeded 18M in two successive months. Impressive. Not so impressive (or "low" light) was the US Factory orders which came in at -1.0% for the headline and -0.6% ex trans. Moreover, the prior month was revised lower (-2.1% vs -1.7% previous).
Forexlive American FX news wrap: Strong US vehicle sales help the dollar
