GBPUSD breaks above Oct high

The US Dollar was bearish against most of its major pairs on Tuesday with the exception of the CAD and CHF. On the US economic data front, the National Federation of Independent Business’s Small Business Optimism Index remained unchanged at 104.0 on month in October (104.1 expected), in line with September. Finally, U.S. Job Openings rose to 6.436 million on month in September (6.500 million expected), compared to a revised 6.352 million in August. On Wednesday, the Mortgage Bankers Association’s Mortgage Applications data for the week ending November 6th is expected. The Euro was bearish against most of its major … (full story)

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