Fx Primus Rebates

Upbeat ADP Private Payrolls Data Buoys Dollar

The U.S. dollar was higher against its key counterparts in the European session on Wednesday, as U.S. private sector employment increased more than forecast in October, bolstering hopes for a Fed rate hike in December. Data from payroll processor ADP showed another significant increase in employment in the U.S. private sector in the month of…

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Italy Inflation Accelerates Less Than Expected

Italy’s consumer price inflation accelerated less-than-expected in October, preliminary data from the statistical office ISTAT showed on Wednesday. The consumer price index rose 1.6 percent year-on-year following a 1.4 percent increase in September. Economists had forecast 1.8 percent gain. Inflation was driven by a surge in energy inflation to 9.3 percent from 5.6 percent. Core…

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Turkey September Trade Gap Narrows Sharply

Turkey’s merchandise trade deficit for September narrowed sharply from a year ago amid a surge in exports and a plunge in imports, figures from the Turkish Statistical Institute showed on Wednesday. The visible trade deficit fell to $1.869 billion from $8.168 billion in the same month of 2017. Exports surged 22.4 percent year-on-year, while imports…

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Poland Inflation Slows For Second Month

Poland’s consumer price inflation slowed for a second straight month in October and at a faster than expected pace, flash data from Statistics Poland showed on Wednesday. The consumer price index rose 1.7 percent year-on-year following a 1.9 percent increase in September. Economists had expected inflation to ease to 1.8 percent. Headline inflation has been…

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Dollar Mixed Ahead Of ADP Data

At 8:15 am ET Wednesday, Automatic Data Processing releases U.S. private payrolls data for October. The economy is forecast to add 187,000 jobs, after creating 230,000 jobs in September. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback fell against the pound, it held steady against the yen, the…