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USD extends gains against the EUR to fresh lows

The USD extended gains against the EUR to fresh lows despite the latest string of US data coming in relatively weak

By Richard Nehme | Nov. 4, 2015 12:00 GMT
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The USD extended gains against the EUR to fresh lows despite the latest string of US data coming in relatively weak. Opening at 1.1008 the pair dropped gradually throughout the day to hit a low of 1.0934. This morning we see the pair open at 1.0928

US factory orders fell 1.0% in September against an expected decrease of 0.8%. Further data showed IBD/TIPP economic optimism index fell to 45.5 from an estimate of 47.5 but failed to dampen the strength of the USD [...]

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