US September 22 Redbook index (MoM) remains at -0.4%; 3.8% (YoY)

Oct 1, 2013

GBP/USD moves higher ahead of US data; 1.6300 “in play”

The GBP/USD is trading again upwards the last hour – after moving sideways for a couple of hours – showing that the cable has not lost its uptrend momentum.

USD/CHF recovers from 19-month low

The USD/CHF is trimming losses incurred in the wake of a kneejerk reaction to the US shutdown but the market may consolidate broadly near-term until the impact becomes clearer.