XE Market Analysis: British Pound Jumps as Economy Improves

OVERVIEW

  • USD is slightly softer despite strong goods orders and new home sales. 
  • GBP is outperforming on November rate hike bets.
  • CAD hits a 3-month low after cautious Bank of Canada statement.
  • The AUD slides after inflation disappointment.
  • EUR is steady with German business confidence at a record high.

HIGHLIGHT