The U.S. dollar increased against the most major currencies after the solid U.S. labour market data. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.
The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.
Average hourly earnings climbed 0.4% in November, beating forecasts of a 0.2% gain, after a 0.1% increase in October.
The U.S. trade deficit narrowed to $43.4 billion in October from a deficit of $43.6 billion in September. September's figure was revised down from a deficit of $43.0 billion. Analysts had expected the trade deficit to narrow to $41.2 billion.
Factory orders in the U.S. dropped 0.7% in October, missing expectations for a 0.2% decrease, after a 0.5% decline in September. September's figure was revised up from a 0.6% fall.
The euro declined against the U.S. dollar. Eurozone's revised gross domestic product (GDP) rose 0.2% in third quarter, in line with expectations and matching an initial estimate.
On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.8% in third quarter, in line with expectations and matching an initial estimate.
German factory orders climbed 2.5% in October, exceeding expectations for a 0.6% rise, after a 1.1% increase. September's figure was revised up from a 0.8% gain.
The British pound fell against the U.S. dollar. Consumer inflation expectations for the coming year in the UK declined to 2.5% from 2.8% in August.
The Canadian dollar traded lower against the U.S. dollar after of the weak Canadian labour market data. Canada's unemployment rate rose to 6.6% in November from 6.5% in October, in line with expectations.
The number of employed people decreased by 10,700 in November, missing expectations for a gain of 5,300, after a 43,100 rise in October.
Canada's trade surplus declined to C$99 million in October from a surplus of C$307 million in September. September's figure was revised down from a surplus of C$710 million. Analysts had expected the trade surplus of C$0.4 billion.
The Swiss franc traded lower against the U.S. dollar. The Swiss National Bank's foreign exchange reserves increased to 462.395 billion Swiss francs in November from 460.556 billion francs in October.
The New Zealand dollar decreased against the U.S. dollar in the absence of any major economic reports from New Zealand.
The Australian dollar dropped against the U.S. dollar. In the overnight trading session, the Aussie fell against the greenback after the AIG performance of construction index from Australia. The AIG performance of construction index declined to 45.5 in November from 53.4 in October.
The Japanese yen fell against the U.S. dollar. Japan's leading economic index declined to 104 in October from 105.6 in September.
Japan's coincident index climbed to 110.2 in October from 109.8 in September.
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