Financial and Business News
The trade-weighted US Dollar index has suffered its worst monthly depreciation since 2009. Economists at
Gold showed an extremely positive performance in the month of November. However, economists at Commerzbank
On Wednesday, the Bank of Canada (BoC) raised its key interest rate by 50 bases
China’s Trade Balance for November, in Chinese Yuan terms, came in at CNY494.3 billion versus
Industrial Production in Germany declined in October, the official data showed on Wednesday, suggesting that
EUR/GBP holds steady near the weekly high, though lacks follow-through buying. The better-than-expected German data
Unit Labor Costs in the US rose less than expected in the third quarter. US
EUR/USD reverses the previous day’s rebound during the first weekly loss in three. Downbeat oscillators
GBP/USD takes offers to reverse the previous day’s corrective bounce. Slump in UK’s house prices,
USD/JPY fades bounce off one-week-old ascending support line. Looming bull cross on MACD teases buyers
