US Consumer Price Index Ex Food & Energy (YoY) up 1.7% in September; (MoM) grows 0.1%

US Consumer Price Index n.s.a MoM rises to 234.15 in September from 233.88

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GBP/USD holds its bearings after ADP said ‘goodbye’ to tapering

The GBP/USD was little changed after the US ADP Private Payrolls data was released much worse than expected – apart from an initial spike as of 10 pips – as markets have already well priced in a dovish FOMC outcome.
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