The US dollar was under pressure against all its major counterparts with the exception of the GBP on Tuesday. On the economic data front, U.S. GDP increased 2.1% in the third quarter in-line with economists estimates compared to an increase of 1.5% in the previous quarter. Personal consumption increased 3% , below the 3.2% estimate compared to 3.2% last quarter. U.S. consumer confidence lowered to 90.4 , below the 99.5 estimate in Nov from a revised 99.1 the month before. Finally the Richmond federal reserve manufacturing survey came in at -3 this month from -1 last month. Economists had been expecting +1.
The Euro was lower against most its major pairs, higher against the GBP. In Europe, German GDP growth was confirmed at +0.3% in 3Q in final estimation, as expected. It was +0.4% in 2Q. German IFO business climate index climbed to 109 in November from 108.2 a month earlier. It was anticipated to stay flat.
The Australian dollar rallied against all of its major pairs. |
|
Last |
%1D |
%YTD |
EUR/USD |
1,0649 |
0.12 |
-11.98 |
GBP/USD |
1,5079 |
-0.30 |
-3.20 |
USD/JPY |
122,48 |
-0.29 |
2.33 |
EUR/CHF |
1,0819 |
-0.10 |
-9.94 |
EUR/JPY |
130,4200 |
-0.18 |
-9.85 |
EUR/GBP |
0,7062 |
0.40 |
-9.07 |
AUD/NZD |
1,1066 |
0.33 |
5.59 |
AUD/JPY |
88,7720 |
0.47 |
-9.20 |
EUR/AUD |
1,4692 |
-0.66 |
-0.78 |
USD/CAD |
1,3310 |
-0.41 |
14.53 |
USD/CHF |
1,0160 |
-0.22 |
2.17 |
AUD/USD |
0,7248 |
0.78 |
-11.34 |
NZD/USD |
0,6550 |
0.44 |
-15.99 |
|
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