[B][U]Fundamental Headlines[/U][/B]
• [B]USDCHF[/B] - Swiss consumer-level inflation pressures accelerated faster than expected in October. A bigger than expected 0.9 percent jump in the monthly CPI figure pushed the annual gauge to a 14-month high 1.3 percent clip.
• [B]EURUSD[/B] - Manufacturing activity in Germany cools to its slowest pace in two years through October with the monthly PMI report hiting the wires at 51.7. The new orders component was a highlight as it dropped below the 50.0 level.
• [B]GBPUSD[/B] - The UK’s housing sector is coming under pressure from rising interest rates, record consumer debt and concern over banks solvency. A 57.4 in the construction PMI survey marks an 8 month low as demand slows.
• [B]USDCAD[/B] - Employment trends in Canada hold firm as a surprise 63,000-person addition to national payrolls in October pushes the jobless rate to a new 33-year low 5.8 percent.
• [I]Fed Injects $41 Billion in Liquidity[/I] (link) - The Wall Street Journal
• [I]Gulf States and the Dollar Link[/I] (link) - The Wall Street Journal
• [I]Asian Stocks Fall on Renewed Subprime Concern; Banks Lead Drop[/I] (link) - Bloomberg
• [I]Australia, New Zealand Dollars Fall on Renewed Credit Concerns[/I] (link) - Bloomberg
• Japan’s Housing Slump Threatens Growth, Ministers Say (link) - Bloomberg
• [I]BOJ Fukui says should put brake on yen carry trade[/I] (link) - Reuters
• [I]U.K. Wage Growth Slows to 13-Month Low, Pay Researcher Reports[/I] (link) - Bloomberg
• [I]U.S. Employment Probably Slowed in October as Housing Slumped[/I] (link) - Bloomberg
