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
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.
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5h 33min ago
Asian Markets Rally Despite China Sell-off
Asian markets broadly rallied and remained insulated from the turbulence in China's stock markets.
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6h 27min ago
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.
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7h 16min ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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7h 30min ago
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.
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8h 34min ago
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.
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9h 18min ago
Sensex, Nifty Notably Higher As Stocks Rise On Bargain Hunting; Adani Group Shares Recover
The Indian stock market is up in positive territory Friday morning thanks to bargain hunting at several counters after the setback in the previous session. A few stocks from the Adani Group have moved up as well.
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9h 58min ago
European Markets Seen Opening Mildly Positive
Stock markets in Europe are expected to rise on Friday tracking the rally in Wall Street and the strong gains in Asian markets.
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10h 15min ago
