XE Market Analysis: US Dollar Firms as Data Supports Rate Hike Expectations

OVERVIEW

  • USD at 1 in a half month high as very strong manufacturing data bolsters rate outlook.
  • AUD weakens after RBA leave policy on hold, mention currency’s strength.
  • GBP under pressure from weaker survey data for September.
  • Equity markets continue their record run, posting fresh record highs.

HIGHLIGHT