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Monthly archive November, 2018

USD strikes a cautious note on comments raised; US-China concerns continue to fuel support for the JPY

The setback for the US Dollar continues at the US Dollar index (DXY) closes with a second consecutive day in negative territory. The DXY is currently at 96.22 after last week suffering the worst weekly drop since last September.

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RBA Minutes: Domestic Economy Improved More Than Expected

Members of the Reserve Bank of Australia's monetary policy board said that the country's economy has continued to pick up steam, and at a slightly faster rate than expected, minutes from the central bank's November 6 meeting revealed on Tuesday.Read More →

German Investor Confidence Unexpectedly Improves In November: ZEW

German investor confidence improved in November, defying expectations for further weakness, survey data from the ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to -24.1 from -24.7 in October, the Mannheim-based think tank said. Economists Read More →

UK Jobless Rate, Pay Growth Climb

Britain's unemployment increased and the net pay growth was the fastest in nearly a decade during the September quarter, preliminary data from the Office for National Statistics showed on Tuesday. The UK unemployment rate rose slightly in the three months Read More →

Japan GDP Contracts 0.3% On Quarter In Q3

Japan's gross domestic product slipped a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, the Cabinet Office said in Wednesday's preliminary report.Original Article Read More →

European Economics Preview: German GDP, UK Inflation Figures Due

Europe is set for a very busy day on Wednesday with several countries reporting GDP figures for the third quarter, the main among them, Germany. Also, the UK will be releasing its inflation data for October. The Federal Statistical Office Read More →