Forex Markets

The dollar index this morning is down -0.244 (-0.25%) at a 1-week low, EUR/USD is up +0.0046 (+0.40%) at a 10week high, and USD/JPY is up +0.12 (+0.11%). Thursday's closes: Dollar Index -0.850 (-0.88%), EUR/USD +0.0096 (+0.85%), USD/JPY -0.22 (-0.19%). The dollar index on Thursday fell to 1-week low and closed lower on the weaker-than-expected U.S. Sep ISM manufacturing index, which was dovish for Fed policy. There was also strength in GBP/USD which rallied to a 1-week high on reduced Brexit concerns after UK's lead negotiator Raab said "a great deal of progress" has been made in recent weeks and predicted that a deal on Brexit will be made by November 21.