Mexico Headline Inflation came in at 0.64%, below expectations (0.72%) in November منبع: https://www.fxstreet.com/news/mexico-headline-inflation-came-in-at-064-below-expectations-072-in-november-202312071200

Share: Indian Rupee loses traction on the renewed US Dollar buying. The markets anticipate the Reserve Bank of India (RBI) to maintain the status quo on the repo rate, leaving it unchanged at 6.5%. Investors await the US weekly Jobless Claims on Thursday ahead of the RBI rate decision and US Nonfarm Payrolls.… ادامه خواندن USD/INR gains traction, US Jobless Claims loom

Share: GBP/USD remains under selling pressure around 1.2560 on the stronger USD. Analysts anticipate the Fed will hold rates until at least July, later than earlier thought. Bank of England’s Bailey said interest rates in the UK will need to stay at current levels for some time. Investors await the weekly US Jobless… ادامه خواندن GBP/USD extends its downside above the mid-1.2500s, US Jobless Claims data eyed

Share: The Canadian Dollar is falling back once more on Wednesday, losing further ground. The BoC held rates at 5% as the markets broadly expected. The CAD is in the green against the Greenback on Wednesday, but still down for the week. The Canadian Dollar (CAD) saw minor gains on Wednesday, but struggled to make… ادامه خواندن Canadian Dollar gets dragged back down after BoC holds rates at 5%, draining Loonie momentum

Share: Mexican Peso stages a comeback as the USD/MXN breaks key support at the 100-day SMA, eyeing 17.00. Mexico’s Consumer Confidence improved the most since 2019. US ADP Employment Change was softer than expected, weighed on the US Dollar. Mexican Peso (MXN) gains traction against the US Dollar (USD) as the soft-landing narrative… ادامه خواندن Mexican Peso rallies for the second straight day amid soft US ADP jobs data

Share: Retail Sales in the Euro area rose modestly in October. EUR/USD continues to fluctuate in a tight channel slightly below 1.0800. Retail Sales in the Euro area and the EU rose by 0.1% and 0.3%, respectively, on a monthly basis in October, Eurostat reported on Wednesday. On a yearly basis, Retail Sales… ادامه خواندن Euro area Retail Sales rise by 0.1% in October vs 0.2% expected

Share: Indian Rupee loses ground on the renewed US Dollar demand. India’s S&P Global Services PMI for November fell to 56.9 vs 58.4 prior, worse than the 58.0 expected. The Reserve Bank of India (RBI) is likely to maintain the repo rate unchanged at 6.5% at its December meeting. Indian Rupee (INR) edges… ادامه خواندن USD/INR holds positive ground, all eyes on RBI MPC meeting

Share: Australia’s Gross Domestic Product (GDP) rose 0.2% in the third quarter of 2023 compared with the 0.4% growth in Q2, the Australian Bureau of Statistics (ABS) showed on Wednesday.  This reading came in below expectations of 0.4%. The annual third-quarter GDP expanded by 2.1%, compared with the 2.1% growth in Q2 while… ادامه خواندن Australian GDP expands 0.2% QoQ in Q3 vs. 0.4% expected

Share: The USD/CHF is grinding higher to eke out a second daily high, but momentum remains thin. The US Dollar remains steeply sold-off against the Swiss Franc. Economic calendar data leans heavily into the US side this week, culminating in another NFP print. The USD/CHF is continuing to climb for a second trading… ادامه خواندن USD/CHF looking for a second consecutive day of gains, clawing towards 0.8800

Share: NIO grew deliveries by leaps and bounds in the third quarter on rising SUV sales. The broad market remains bearish ahead of US employment and labor market data. Nio bests consensus on earnings but misses revenue expectations for Q3.  Chinese EV maker guides for deliveries between 47K and 49K in Q4.  … ادامه خواندن NIO shares jump on earnings, delivery win in Q3