The U.S. dollar mixed against the most major currencies after the weaker-than-expected U.S. preliminary services purchasing managers' index (PMI). The U.S. preliminary services PMI declined to 56.3 in November from 57.1 in October, missing expectations for an increase to 57.3. This is the lowest level since April 2014.
The euro rose against the U.S. dollar after the better-than-expected Ifo figures from Germany. German Ifo business climate index rose to 104.7 in November from 103.2 in October, beating expectations for a decline to 103.0.
The European Central Bank confirmed on Monday that it bought €2.238bn in covered bonds over the previous week.
The British pound increased against the U.S. dollar in the absence of any major economic reports from the U.K.
The Swiss franc traded higher against the U.S. dollar. The number of employed people climbed to 4,230 million in the third quarter from 4,196 million in the second quarter. Analysts had expected the number of employed people to increase to 4,220 million.
The New Zealand dollar fell against the U.S. dollar in the absence of any major economic reports from New Zealand.
The Australian dollar declined against the U.S. dollar in the absence of any major economic reports from Australia.
The Japanese yen traded lower against the U.S. dollar in the absence of any major economic reports from Japan. Markets in Japan were closed for a public holiday.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.