Hard work beats talent when talent doesn't work hard
USD
EUR/USD
The Euro slipped to trade at $ 1.1055 as Eurozone Q3 GDP and employment data released yesterday kept investors focused on the region’s economic performance.
GBP/USD
The Pound Sterling lost some momentum at $1.3226 ahead of the UK labour market and October CPI data releases scheduled for next week, keeping investors cautious about the UK economic outlook.
USD/JPY
The Japanese Yen held its ground at 159.95 against the US Dollar, as Japan’s October Producer Price Index accelerated to 7.1% YoY from 6.8%, exceeding the 6.5% forecast on November 12, strengthening expectations of a December BoJ rate hike
USD/ZAR
The South African Rand declined to $16.77 against the US Dollar, as data released show that mining output fell 10.7% year-on-year, underscoring persistent weakness in the country's mining sector.
USD/MUR
The Dollar–Rupee climbed to 48.32 (selling rate) this morning.
11:45 AM EUR Consumer Price Index (EU norm) (YoY) (Oct)
12:00 PM EUR Harmonized Index of Consumer Prices (YoY) (Oct)
2:00 PM EUR Employment Change (QoQ) (Q3) Prel
2:00 PM EUR Gross Domestic Product s.a. (QoQ) (Q3) Prel
5:30 PM USD Producer Price Index (MoM) (Oct)
5:30 PM USD Producer Price Index ex Food & Energy (YoY) (Oct)
