The Mexican peso jumped today to the highest level since October as the nation’s central bank refrained from cutting interest rates as high consumer prices hurt country’s economic growth.(…)Read the rest of Mexican Peso Highest Since October as Rates Remain Unchanged (142 words) Posted on Forex News. Read More Mexican Peso Highest Since October as Rates Remain Unchanged
Canada’s gross domestic product fails to expand for the first time in five months in October, reflecting lower pace of recovery in the world’s tenth largest economy which has been vulnerable to spreading sovereign crisis in Europe and overheating domestic housing market. Read More Loonie Remains Strong despite Flat October Canada GDP
The October manufacturing sales report indicated that activity dropped 0.8% in the month following strength in September when sales rose 2.6% (and over the past three months, which have seen average monthly increases of 2.4%). Expectations were for a slightly more moderate decline of 0.6%. On a volumes basis, activity Read More Canadian Manufacturing Sales [...]
FXstreet.com (C?rdoba) – Despite Friday’s decline, the Euro is about to close the week with gains… For more information, read our latest forex news. Read More Forex EUR USD posts first weekly gain since October
The euro dropped against the dollar and the yen to the lowest rate since October and retreated versus the pound today as there are no sings that the crisis in Europe may end.(…)Read the rest of Euro Lowest Since October (136 words) Posted on Forex News. Read More Euro Lowest Since October
Read More EURUSD Stay Short Aiming for October Low
Read More New Zealand Dollar To Threaten October Rebound On Contagion Fears
US economy added fewer jobs than expected in October as employers faced more uncertainty over growth, but a slight fall in the rate of unemployment to 9pc suggested the economy was gaining momentum. Read More US adds 80,000 jobs in October, jobless rate dips
The ISM non-manufacturing index indicated that the service sector continued to expand in October and that the pace of growth essentially held steady as the index posted a reading of 52.9 compared to 53.0 in September (unrevised from the initial report). A reading above 50 indicates that the sector is Read More US ServiceSector Growth [...]
Read More Euro Plunges Below mid October Levels
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