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Monthly archive December, 2019

Dollar Exhibits Weakness Against Most Rivals

The U.S. dollar was mostly subdued against major currencies on Thursday, amid a slew of economic data from across the globe and as traders awaited the outcome of the OPEC meet in Vienna.Original Article Read More →

Australia Central Bank Holds Key Rate As Expected

Australia's central bank left its key interest rate unchanged on Tuesday, as policymakers wait to see the impact of previous easing. The board of the Reserve Bank of Australia, governed by Philip Lowe, decided to leave the cash rate unchanged Read More →

Australian Dollar Spikes Up As RBA Keeps Cash Rate On Hold

The Australian dollar firmed against its key counterparts in the Asian session on Tuesday, as the Reserve Bank of Australia held its cash rate steady in its final meeting this year, saying that recent rate cuts are supporting employment and Read More →

U.S. Dollar Seeing Modest Weakness After Trump Comments On Trade Deal

The U.S. dollar has recovered from its worst levels of the day but continues to see modest weakness during trading on Tuesday.Original Article Read More →

China’s Private Sector Expands Most In 21 Months

China's private sector expanded at the steepest pace in 21 months in November driven by the upturn in manufacturing and services, survey results from IHS Markit showed Wednesday. The Caixin composite output index rose to 53.2 in November from 52.0 Read More →

Eurozone Private Sector Logs Modest Growth

The euro area private sector growth remained the lowest in six-and-a-half years in November, signaling modest expansion for the fourth quarter, final survey data from IHS Markit showed Wednesday. The composite output index held steady at 50.6 in November. The Read More →