The U.S. dollar traded higher against the most major currencies. Markets in the U.S. were closed for a public holiday on Thursday. There will be released no major economic reports in the U.S.
The euro traded lower against the U.S. dollar. Eurozone' preliminary consumer price index fell to an annual rate of 0.3% in November from 0.4% in October, in line with expectations.
Investors speculate that the European Central Bank will add further stimulus measures.
Eurozone's unemployment rate remained unchanged at 11.5% in October, in line with expectations.
German adjusted retail sales climbed 1.9% in October, exceeding expectations for a 1.7% rise, after a 2.8% decline in September. September's figure was revised up from a 3.2% fall.
Consumer spending in France dropped 0.9% in October, missing expectations for a 0.2% gain, after a 0.5% decline in September. September's figure was revised up from a 0.8% decrease.
The British pound traded lower against the U.S. dollar after the housing market data from the U.K. The Nationwide Building Society released its house price inflation figures for the U.K. on Friday. The U.K. house price index increased 0.3% in November, after a 0.5% rise in October.
On a yearly basis, the U.K. house price inflation climbed 8.5% in November, after a 9.0% gain in October.
The Canadian dollar traded lower against the U.S. dollar due to falling oil prices. Canada's GDP increased 0.4% in September, in line with expectations, after a 0.1% fall in August.
On a yearly basis, Canada's GDP expanded at an annual rate of 2.8% in the third quarter, after a 3.6% gain in the second quarter.
The annual increase of GDP was driven by an increase in exports and a rise in household spending.
Canada's raw materials purchase price index dropped 4.3% in October, missing expectations for a 1.5% gain, after a 2.1% decline in September. September's figure was revised down from a 1.8% decrease.
The Swiss franc traded lower against the U.S. dollar. The KOF leading indicator decreased to 98.7 in November from 99.5 in October, missing expectations for an increase to 100.1. October's figure was revised down from 99.8.
The New Zealand dollar traded lower against the U.S. dollar. In the overnight trading session, the kiwi fell against the greenback despite the solid data from New Zealand, but recovered its losses in the morning trading session. The number of building permits in New Zealand increased 8.8% in October, after a 11.9% drop in September. September's figure was revised up from a 12.2% decline.
The ANZ business confidence index for New Zealand rose to 31.5 in November from 26.5 in October.
The Australian dollar traded higher against the U.S. dollar. In the overnight trading session, the Aussie decreased against the greenback. Private sector credit in Australia climbed 0.6% in October, beating expectations for a 0.5% rise, after a 0.5% increase in September.
The Japanese yen dropped against the U.S. dollar. In the overnight trading session, the yen fell against the greenback after the mixed economic data from Japan. Japan's national consumer price index (CPI) rose 2.9% in October, missing expectations for a 3.1% gain, after a 3.2 increase in September.
Japan's national CPI excluding fresh food increased 2.9% in October, in line with expectations, after a 3.0% rise in September.
Tokyo's CPI climbed 2.1% in November, after a 2.5% rise in October.
Tokyo's CPI excluding fresh food gained 2.4% in November, exceeding expectations for a 2.3% rise, after a 2.5% increase in October.
Household spending in Japan dropped at annual rate of 4.0% in October, beating forecasts of a 4.8% decrease, after a 5.6% fall in September.
Japan's unemployment rate increased to 3.5% in October from 3.6% in September. Analysts had expected the unemployment rate to remain unchanged.
Preliminary industrial production in Japan climbed 0.2% in October, beating expectations for a 0.4% decrease, after a 2.9% gain in September.
On a yearly basis, preliminary industrial production fell 0.1% in October, beating forecasts for a 0.2% decrease, after a 0.8% increase in September.
© 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.