Mexican Peso At Over 8-Year High Against U.S. Dollar

RTTNews | vor 240 Tagen
Mexican Peso At Over 8-Year High Against U.S. Dollar

(RTTNews) - The Mexican Peso climbed against the U.S. dollar in the New York session on Wednesday.

The Mexican Peso touched 16.57 against the greenback, its highest level since December 2015. The currency is likely to locate resistance around the 13.00 level.

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Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports

Pound Slides On Weak U.K. Retail Sales, Flash PMI Reports

The British pound weakened against other major currencies in the European session on Friday, as weak U.K. retail sales for October and PMI data for November triggered expectations among traders for interest-rate cuts by the Bank of England (BoE) in the December meeting.
RTTNews | vor 5Std 32 Minuten
UK Retail Sales Fall More Than Expected

UK Retail Sales Fall More Than Expected

UK retail sales declined more than expected in October as consumers reduced their spending on food and clothing, data released by the Office for National Statistics showed on Friday. Retail sales dropped 0.7 percent on a monthly basis in October, in contrast to the revised 0.1 percent rise in September. Sales were expected to fall 0.3 percent.
RTTNews | vor 7Std 14 Minuten
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | vor 7Std 28 Minuten
Germany Narrowly Skirts Recession In Q3

Germany Narrowly Skirts Recession In Q3

The German economy grew marginally in the third quarter after a contraction, preventing a technical recession, official data revealed Friday. Gross domestic product posted a sequential growth of 0.1 percent in the third quarter, revised data from Destatis showed. The rate was downgraded from 0.2 percent estimated on October 30.
RTTNews | vor 8Std 33 Minuten
NZ Dollar Falls Amid RBNZ Rate Cut Prospects

NZ Dollar Falls Amid RBNZ Rate Cut Prospects

The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders expect the Reserve Bank of New Zealand (RBNZ) to cut its interest rates at the next week's monetary policy meeting.
RTTNews | vor 9Std 17 Minuten