The Loonie strengthens following strong economic data.

Key Movers

The British Pound is erasing some of its gains after Juncker rules out the Brexit deadline of Oct. 31st. Juncker tells reporters there is no need for an extension now, there is a deal on the table. Juncker is leaving strong hints, but nothing definite that the EU won't allow a Brexit extension if the deal is voted down in parliament. Merkel, Macron, and other EU leaders have repeated time and time again that they will never be the reason for a no-deal Brexit. According to Bloomberg, Prime Minister Boris Johnson says the U.K. has reached a divorce deal with the European Union. That agreement, he says, should get through parliament on Saturday, which would allow Britain to exit as agreed on Oct. 31st. However, a Brexit deal is only as good as its chances to pass a vote in parliament.The U.S. dollar index falls 0.31 percent this morning. The main driver today came from the Federal Reserve Bank of Philadelphia; its manufacturing index stumbled towards 5.6 when the expected number was 7.3, falling 6 points compared with September, when the index came in at 12. Current shipments and new orders were mixed. According to Market Watch, economists said firms in Philadelphia are less sensitive to the China trade war than manufacturers in other regions.