- Hurricane Sandy bears down on East Coast
- US stocks and bonds closed, to stay closed Tuesday
- US personal spending +0.8% vs +0.6% exp
- PCE core +1.7% y/y vs +1.7% exp
- German HICP +2.1% vs + 2.0% exp
- Dallas Fed manufacturing +1.8 vs flat reading exp
- Canada budget officer forecasts 1.5% growth in 2013
- OECD head: ECB must buy debt on secondary market immediately
- Spain outlines bad bank loss provisions
- US Treasury lowers Oct-Dec borrowing estimate
- Rajoy: Spain and Italy have an unbreakable commitment to euro
- Juncker: Grexit talks has to stop
- Consumer confidence data postponed
- USD leads, GBP lags
Some good US dollar demand at the London fixing was the only move on the day. That boosted USD/JPY above 79.75.
Cable hit stops below 1.6050 and AUD/USD was similar below 1.0340.
USD/CAD rose above parity (albeit barely) for the first time since August. Here is an amazing article on the move with some brilliant insight.