FXstreet.com (Barcelona) - Euro and Pound pullbacks from day highs have been contained and both currencies have bounced up against the Dollar after better than expected US Consumer confidence and Richmond Fed Manufacturing figures.
GBP/USD retreat from 1.5900 session high has been contained at 1.5825 and the pair bounced up after US data, reaching 1.5875, while EUR/USD decline from 1.3980 has bottomed at 1.3850 day low to rebound to levels right below 1.3900.
US Consumer Confidence Index has improved to 50.2 in October from 48.5 in September, beating market expectations of a milder improvement to 49.5, and the Richmond Fed Manufacturing Index has improved to 5 in October from a level of -2 in September, again above the 0 level expected by the markets.
