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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Sensex, Nifty Close On Buoyant Note As Stocks Rally On Strong Buying
Indian stocks rallied sharply and lifted the benchmark indices Sensex and the Nifty50 to a buoyant close on Friday, a day after suffering a setback following the indictment of Adani Group founder Gautam Adani and a few top executives by U.S. Securities Exchange Commission in an alleged bribery case.
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Pred 5 h 10 min
DAX Drops Amidst Weak PMI, GDP
The DAX index that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange recorded a decline on Friday amidst weaker-than-expected economic data.
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Pred 5 h 13 min
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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Pred 5 h 46 min
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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Pred 6 h 40 min
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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Pred 7 h 29 min
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Pred 7 h 43 min
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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Pred 8 h 48 min
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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Pred 9 h 32 min
