Blogs

Australia Judo Bank Composite PMI: 46.2 (November) vs previous 46.4

EUR/JPY exchanges hand with minuscule losses, late in the Monday North American session, down by just 0.13% after registering earlier losses of 0.50%.

The S&P 500 index opened lower on Monday following five straight weeks of gains.

South Korea FX Reserves up to 417.08B in November from previous 412.87B

During the Asian session, the key event will be the Reserve Bank of Australia meeting.

Mexican Peso (MXN) loses steam against the US Dollar (USD) in early trading during the North American session, as the rise in US Treasury bond yields is underpinning the US Dollar.

GBP/JPY recovered some ground, but it remains trading with losses of 0.31%, late in the North American session, due to risk-off impulse as investors slashed bets the US Federal Reserve would cut rates as aggressively as traders expected.

In Monday's trading session, the USD/SEK advanced towards 10.458, under the influence of rising US yields and dovish sentiments cast by the Riksbank November minutes.

The EUR/GBP is seeing a welcome break from ongoing Euro (EUR) selling, rebounding a modest two-tenths of a percent against the Pound Sterling (GBP) on Monday.

NZD/USD retreats late in the Monday North American session after rallying to a new four-month high of 0.6226, but a repricing for a less dovish US Federal Reserve witnessed a jump in US bond yields.