ETC/USD Exchange rate

EUR/USD is trading in the positive territory around mid-1.1600s in the early European session with the dollar struggling to find demand amid the improving market mood. The data from Germany and the EU showed that the business activity in the private sector expanded at a soft pace in October.

GBP/USD came under bearish pressure in the early European session after the data from the UK showed an unexpected contraction in September Retail Sales. However, the British pound managed to pare its losses with the Markit PMI figures surpassing analysts' estimates.

Gold price is approaching the $1800 mark, holding near the highest levels in five days, as the US dollar fades its recovery rally amid improving market mood, although the bulls appear to lack follow-through upside amid a rebound in the US dollar across the board.

Shiba Inu coin reached over a million new traders through its listing on Novadax, Public.com and CoinFLEX. A crypto exchange offered traders "Flip DOGE for SHIB" and exchanged Dogecoins for Shiba Inu tokens. 

Apple stock rises for six straight sessions. AAPL shares are still short of all-time highs while Dow and S&P 500 crack records. Yield rises are likely to slow tech advance on Friday.