EUR/USD
The euro rose as the dollar slumped and speculation mounted that the Federal Reserve will hold off on scaling back monetary stimulus. "Europe needs integration where competencies are national but not on an arbitrary basis,” Giegold said.,17-nation euro area projecting economic expansion next year for the first time since 2011, policy makers are keeping a fiscal leash on growth by maintaining austerity policies born in the fight to save the euro. In case there is a deviation from the European commitments by a member state and the European Commission has to say "sorry guys, please revise your budgetary plan." But, most likely the market reaction will be quite negative.EUR/USD Hour Chart" title="EUR/USD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/pica80aa634313f248147b8b910d2dccee0.png">
GBP/USD
The pound strengthened the most in four weeks against the dollar after a government report showed U.K. retail sales rose more in September than analysts forecast. Sterling advanced as the data added to signs Britain’s economy is gathering momentum. U.K. 10-year government bonds rose, with yields falling the most in more than three weeks, as investors bet disruption from the U.S. debt-ceiling debate will prompt the Federal Reserve to maintain asset purchases. The U.K. sold 4.75 billion pounds ($7.68 billion) of five-year gilts.GBP/USD Hour Chart" title="GBP/USD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/pic8c4502562a63b9f244b2fb320faaa4a2.png">
USD/JPY
Investors will lose confidence in Japan’s economic revival unless Prime Minister Shinzo Abe adds substance to his growth strategy and relies less on stimulus measures, said a former senior central bank official. The so-called third arrow of Abe’s economic strategy entered a key stage with the start this week of an extraordinary Diet session where he aims to push through measures to boost investment and industrial competitiveness. While the Topix Index of shares has soared 39 percent this year, government debt is more than double gross domestic product and the BOJ’s unprecedented easing is causing dangerous distortions in the bond market, according to Hayakawa.USD/JPY Hour Chart" title="USD/JPY Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/pic59c8d9e9343b40f3eb40fe77a6430417.png">
USD/CAD
The Canadian dollar strengthened to a two-week high on speculation the Federal Reserve will maintain stimulus measures to counteract disruption in economic growth triggered by the U.S. government shutdown. The currency approached its 200-day moving average against the greenback, a signal to some traders that there may be momentum for further gains. It advanced for a second day as President Barack Obama signed legislation that extended funding and debt-ceiling deadlines into 2014 and reopened the government, ending a 16-day standoff between Republican and Democratic lawmakers.USD/CAD Hour Chart" title="USD/CAD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/picd4af4fdc9e92c23c043639bf88fb8d4b.png">