Forex Daily Analysis - Friday, Oct 5th

USD found support yesterday supported by a weak EUR, but USD/Majors back in ranges ahead of US data.

Overnight News Bullets

* UK HBOS Plc houses Sep, out at -0.6% vs 0.4% exp. YoY out at 10.7% vs 11.1% exp.
* UK BoE leaves interest rates at 5.75% as expected.
* EC ECB leaves rates at 4.00% as was market consensus.
* US Initial Jobless Claims Sep 29, out at 317K vs 310K exp.
* US Continuing Claims Sep 22, out at 2541K vs 2550K exp.
* CA Building Permits Aug, out at 1.4% vs 1.6% exp.
* CA Ivey Purhasing Managers Index Sep, out at 56 vs 60 exp.
* US EIA Natrural Gas Storage Change Sep 28, out at 57 vs 65 exp.
* JN Official Reserve Assets Sep, out at $945.6B vs a prior reading of $932.2B.
* JN Leading Economic Index Aug, out at 30.0% in line with exp.
* JN Coincident Index Aug, out at 83.3% in line with exp.

O/N Data Heat map:

EU	US	JP	UK	SZ	AU	CA	NZ	NO	SE	FR
	-		-			-

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