Flash: AUD/USD is expected to remain bounded by a 0.9300-0.9500 band – OCBC

Emmanuel Ng of OCBC Bank, suggests that the Oct Westpac consumer confidence reading reported this morning deteriorated from the previous month but note that the pair has continued to hover above the 0.9400 handle on the back of the beleaguered dollar.
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Flash: GBP/USD may continue to bounce around in a 1.5950 – OCBC

Emmanuel Ng of OCBC Bank, suggests that the GBP/USD may continue to bounce around in a 1.5950-1.6260 band in the near term pending further cues (note BOE MPC tomorrow) with the pair still reaping underlying support from UK data releases.
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