UK: Services PMI falls to 56.2 in October

FXStreet (Łódź) - UK Services PMI declined to 56.2 in October, from 58.7 in September, according to data released today by Markit. Analysts expected less drop to 58.5.

Nov 5, 2014

USD/JPY rises on Kuroda's speech - BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ notes USD/JPY was lifted following BoJ governor Haruhiko Kuroda's speech overnight, in which he reiterated commitment to aggressive monetary policy stance until inflation target is reached.

GBP/USD broke below 1.60 on weaker UK PMI

GBP/USD never stopped falling ever since it failed to break above 1.6020; it posted 1.5925 low before the PMI data, and moved to 1.5888 post the report.