United States Consumer Credit Change came in at $26.01B, above forecasts ($17.35B) in July

FXStreet.com (Barcelona)

Sep 8, 2014

EUR/USD drops to 1.2880, fresh 14-month low

The US dollar continued to rise against the euro and reached fresh 14-month lows during the American session.

GBP/USD moves toward 1.6100

The recovery of the Pound against the US dollar was short lived. After rebounding from 1.6100 (daily low), GBP/USD rose to 1.6185 but then turned to the downside amid USD strength during Wall Street trading and moved toward 1.6100.