Here is what you need to know on Tuesday, October 15: The US Dollar Index advanced to fresh tops further north of the 103.00 barrier on the back of the generalized offered stance in the risk complex. The NY Empire State Manufacturing Index is due, seconded by speeches by Daly and Kugler. Further selling interest dragged EUR/USD to new lows in the sub-1.0900 region amidst extra advance in the US Dollar.
USD/JPY added to Friday’s advance and approached the key 150.00 barrier following further improvement in the Greenback. Industrial Production and Capacity utilization come next on the calendar. AUD/USD resumed its downtrend and came close to 0.6700 after two consecutive days of gains. The Westpac Leading Index and the speech by the RBA’s Hunter are due on October 16.
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