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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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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5h 51min 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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6h 40min ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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6h 54min 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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7h 59min 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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8h 43min 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 22min 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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9h 39min ago
European Economic News Preview: Eurozone Flash PMI Data Due
Flash Purchasing Managers' survey results are due from the euro area and GDP from Germany are the top economic news due on Friday. At 2.00 am ET, Destatis publishes Germany's revised GDP data. The initial estimate showed that the largest euro area economy expanded 0.2 percent in the third quarter. In the meantime, the Office for National Statistics is scheduled to issue UK retail sales data.
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10h 3min ago
