United States Total Vehicle Sales above expectations (17.7M) in October: Actual (18.24M)

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Nov 3, 2015

Gold posts fifth daily loss in a row

Gold prices plunged, with spot posting one of the largest single-day drop in nearly two months, down to $1,114.34 an ounce a fresh 5-week low. The metal posted its fifth consecutive daily decline, and is close to completely erase its October gains, amid renewed speculation that the US Federal Reserve will raise its rates.

EUR/GBP drops further to fresh 2-month lows

EUR/GBP is testing the 0.7100 area as euro continued its decline during the American session and following Mario Draghi speech where he reaffirmed that at the December European Central Bank meeting the degree of accommodation will be re-examined.