The Aussie Continues to Rise
EUR/USD
The euro fell against the dollar after a series of negative data released from the European economy yesterday.Markit Service PMI fell in September to 53.7, while Markit PMI Composite fell to 53.6 for the same month and the European Retail Sales fell to 2.3 %.
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GBP/USD
The pound fell against the US dollar during trading on Monday after the British Markit Service PMI Index fell to 53.3 during the month of September, from a previous reading of 55.6.
| British Economic Data | ||||
| Time GMT | Event | Vol | Previous | Forecast |
| 23:01 | Shop Price Index (Sep) |  | -1.4% | |
USD/JPY
The US dollar traded higher against the Japanese yen after the decline of the Japanese Labor Cash Earning Index from 0.9% to 0.5% y-o-y.
| Japanese Economic Data | ||||
| Time GMT | Event | Vol | Previous | Forecast |
| 23:50 | Foreign Reserve | | 1.224 B | |
AUD/USD
The Australian dollar rose against the American dollar for the sixth day. The Australian dollar had received support from the rise in Job Advertisements Index during the month of September to 3.9%.
| Australian Economic Data | ||||
| Time GMT | Event | Vol | Forecast | Previous |
| 23:30 | AIG Performance Of Construction Index(Sep) |  | 53.8 | |
GOLD
Gold prices fell slightly despite a number of negative data from the US economy regarding the non-industrial sector; however, the price of gold fell after a sharp rise in the precious metal achieved by the end of last week.
OIL
Oil prices rose yesterday after the instability in the dollar levels which gave the opportunity of goods to rise before the next Federal Reserve Bank meeting.
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