The US dollar is rising against the yen, declining against the Australian currency and shows ambiguous dynamics paired with the euro and the pound. Today, USD can be influenced by the statistics from the US. At 15:45 (GMT+2), Markit Manufacturing PMI for October will be published, at 16:00 (GMT+2), data on new home sales will be released, and at 20:00 (GMT+2) the Fed's Beige Book will be published.

EUR/USD

Quotes of the EUR/USD pair are consolidating around 1.1467 against the background of low trading activity. Investors are waiting for the publication of data from the euro area on the Manufacturing PMI as well as on Services PMI (10:00 GMT+2). The decrease in the value of both indicators is predicted, which may put pressure on the euro.

GBP/USD

The GBP/USD pair is consolidating at 1.2978 during the Asian session. Today, investors are waiting for the publication of data on gross mortgage approvals in the UK. The indicator is expected to decline to 39.0K in September from 39.4K a month earlier. If the forecasts are confirmed, the instrument will come under pressure.

USD/JPY

The USD/JPY pair rose above the level of 112.50 during the Asian session. The statistics from Japan published at night was positive, but did not provide significant support to the yen. Leading Index rose to 104.5 points in August from 103.9 points a month earlier, and the Manufacturing PMI rose to 53.1 points in the same period from 52.5 points a month earlier.

AUD/USD

The rate of AUD/USD rose to the level of 0.7105. Due to the absence of significant macroeconomic releases in Australia, the movement of the instrument is technical.

Gold

Gold quotations dropped to 1230.00 during Asian session.

Morning Market Review

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