Fx Primus Rebates

U.S. Dollar Moves Modestly Higher Versus Euro, Yen

The U.S. dollar has moved modestly higher versus the euro and the yen on Friday, although traders seem reluctant to make more significant moves. Currently, the dollar is trading at 108.49 yen compared to the 108.43 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued…

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Gold Futures Settle Modestly Higher

Gold prices moved in a tight range on Friday as traders looked for direction even as the dollar edged up a bit despite rising hopes about a pause in interest rate hikes. The yellow metal managed to settle higher after equities lost some ground due to profit taking and on concerns about the ongoing government…

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Malaysia Industrial Production Growth Eases In November

Malaysia’s industrial production growth eased in November, data from the Department of Statistics showed on Friday. Industrial production rose 2.5 percent year-on-year in November, slower than the 4.3 percent climb in October. Meanwhile, economists had expected a growth of 2.3 percent. Among sectors, manufacturing output grew 3.6 percent annually in November, while mining output declined…

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Singapore Retail Sales Falls In November

Singapore retail sales declined in November, primarily due to a sharp contraction in automobile sales, data from the Department of Statistics showed on Friday. Retail sales fell 3.0 percent year-on-year in November, reversing a 0.1 percent rise in October. Automobile sales tumbled 15.1 percent year-on-year after a 2 percent drop in the previous month. Excluding…

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UK GDP Growth Improves In Nov; Tops Expectations

UK economic growth improved for a second straight month in November, led by services and construction growth, and exceeded economists’ expectations, the monthly estimate from the Office for National Statistics showed on Friday. Gross domestic product grew 0.2 percent from October, when the economy expanded 0.1 percent. Economists had expected the pace of growth to…

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U.S. Jobless Claims Drop More Than Expected To 216,000

Adding to the positive picture of the labor market painted by last week’s monthly jobs report, the Labor Department released a report on Thursday showing a bigger than expected drop in first-time claims for U.S. unemployment benefits in the week ended January 5th. The report said initial jobless claims fell to 216,000, a decrease of…

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U.S. Weekly Jobless Claims Drop More Than Expected

Adding to the positive picture of the labor market painted by last week’s monthly jobs report, the Labor Department released a report on Thursday showing a bigger than expected drop in first-time claims for U.S. unemployment benefits in the week ended January 5th. The report said initial jobless claims fell to 216,000, a decrease of…