With only a month left in 2023, this year ranks comparatively low in net dollar movement against other highly traded currencies. The range against the euro from a high of $1.0506 in October from a low $1.1243 in July constitutes a trading range spread of just 7.0%, and the current rate of $1.0993 is a […]
* This article was originally published here
Thursday, December 7, 2023
Wednesday, December 6, 2023
Pound to Euro December Forecast: Potential Scope to 1.1630
The Pound to Euro exchange rate strengthened to 7-week highs just above 1.1600 in early Europe on Thursday before a retreat to 1.1580 in choppy trading.
Interest-rate...
* This article was originally published here
* This article was originally published here
Tuesday, December 5, 2023
Monday, December 4, 2023
Sunday, December 3, 2023
More Favorable Data Reported for the U.S.
The U.S. producer price index dropped 0.5% on month (most in 42 months) and recorded a 3-month low of 1.3% when compared to the same month a year earlier. Core producer prices — unchanged versus September and +2.4% year-on-year — was 0.3 percentage points below expectations. U.S. October retail sales contracted by a smaller-than-anticipated 0.1% […]
* This article was originally published here
* This article was originally published here
Saturday, December 2, 2023
Friday, December 1, 2023
Euro US Dollar Exchange Rate: Corrective Retreat after Euro-Zone Inflation Data
The Euro to Dollar exchange rate (EUR/USD) was subjected to a correction after failing to hold above the 1.10 level and there was further selling after Thursday’s...
* This article was originally published here
* This article was originally published here
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