Sell-off in U.S. Equities Prompts Late Session Dollar Rally

The U.S. Dollar was generally weaker during the New York session following the release of a better than expected ISM Factory Report. The report showed that manufacturing was increasing faster than expected. The factory index rose to 55.7% in October. This was up from 52.6% in September and above the pre-report estimate of 53%. The only dark spot in the report was the decline in new orders to...