Stay updated with breaking news from Services Pmis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Here is what you need to know on Thursday, November 23: The US Dollar (USD) struggles to find demand early Thursday after outperforming its major rivals for two consecutive days.
The Dow Jones Industrial Average (DJIA) is advancing on Wednesday as the market is likely to see low trading volume ahead of Thursday’s Thanksgiving holiday and Friday’s shortened session.
The Australian Dollar (AUD) seems to extend losses after pulling back from a three-month high following a corrective move by the US Dollar (USD).
The Canadian Dollar (CAD) is seeing declines across the board on Wednesday, getting dragged down as Crude Oil sells off and broader markets step back into the US Dollar (USD) following a slew of US economic data that points to interest rates remaining higher for longer than markets anticipated at the start of the week.
The Euro continues its upward trend against the US Dollar, pushing EUR/USD towards new three-month peaks around 1.0960, a level unseen since mid August.