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Markets
Pound Sterling weakens as UK Retail Sales contract at faster-than-expected pace
The Pound Sterling faces a sharp sell-off as UK Retail Sales declined at a faster-than-projected pace in October.
Weak UK Retail Sales data could boost BoE…
Forex Today: US Dollar climbs higher as focus shifts to PMI data
Here is what you need to know on Friday, November 22:
Following a quiet European session, the US Dollar (USD) regathered its strength in the second half of…
USD/INR steadies after Indian PMI release
The Indian Rupee holds steady in Friday’s early European session.
The Indian HSBC Manufacturing PMI eased in November; Services PMI improved to 59.2 in…
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet.
The price for Gold stood at 317.52 United Arab Emirates…
Japanese Yen remains on the front foot against USD, bulls seem non-committed
The Japanese Yen ticks higher as stronger domestic inflation revives bets for more BoJ rate hikes.
The upbeat market mood and elevated US bond yields cap…
Australian Dollar extends gains despite mixed PMI
The Australian Dollar remains solid as the PMI indicates a mixed economic picture.
Judo Bank Australian manufacturing activity improved in November but…
EUR/USD backslides on Thursday, tests new multi-month low
EUR/USD gave up another 0.6% as Greenback remains bid.
The Euro is poised for further losses after falling to its lowest prices in over a year.
Friday PMI…
NZD/USD extends downside to near 0.5850 on stronger US Dollar, dovish RBNZ expectations
NZD/USD weakens to around 0.5855 in Friday’s early Asian session, down 0.18% on the day.
The US weekly jobless claims declined to a seven-month low.
The…
USD/CAD holds positive ground above 1.3950 on bullish US Dollar
USD/CAD edges higher to 1.3975 in Friday’s early Asian session.
The cautious mood of the Fed officials and the Trump trade support the USD.
The markets…
Gold prices defies strong US Dollar, surges on haven demand
Gold prices advance for the fourth day, surpassing the 50-day SMA of $2,660 amid global unrest.
Market reacts to reports of a potential ICBM launch by…