Page 106 - Urrencies News Today

Here is what you need to know on Friday, December 1: Risk sentiment remains tepid on Friday, as Asian stocks traded mostly lower, despite the Wall Street rally overnight.

The EUR/USD pair regains positive traction on Friday and recovers a part of the previous day's weaker Eurozone inflation-led slump to over a one-week low.

The US Dollar drops further as US PCE confirms the disinflationary trend.

Mexican Peso (MXN) stages a comeback against the US Dollar (USD) as the last month of the year begins, even though the Greenback posts solid gains against a basket of six currencies, namely the US Dollar Index (DXY).

The Euro (EUR) has accelerated declines against the Pound Sterling (GBP) in Friday trading, tumbling out of a near-term descending channel.

In Friday's trading session, the Australian Dollar (AUD) found demand against its US counterpart, with the AUD/USD pair making gains and trading at around 0.6650.

Outlook: We have a specific time today to gear up for—the 11 am start of Mr.

The GBP/USD drops in Thursday's North American session as the Greenback got a vote of confidence from traders, even though data suggests the US Federal Reserve (Fed) might be near the peak of its tightening cycle.

The NZD/USD pair attracts some dip-buying during the Asian session on Thursday and stalls the previous day's late pullback from levels just above the 0.6200 mark, or a four-month peak.

A review of things you need to know before you sign off on Thursday; building consents struggle, confidence honeymoon extends, NZGBs popular, TDs very popular, swaps stable, NZD reverts, & more