Fx Primus Rebates

Dollar Mixed After U.S. PPI

After the release of U.S. producer price index for November at 8.30 am ET Tuesday, the greenback traded mixed against its major rivals. While the greenback rose against the franc and the pound, it changed little against the yen and the euro. The greenback was trading at 113.14 against the yen, 0.9887 against the franc,…

Fx Primus Rebates

Dollar Mixed Ahead Of U.S. PPI

The Labor Department’s Producer Price Index or PPI for November will be published at 8.30 am ET Tuesday. The consensus is for no change from the prior month increase of 0.6 percent. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback rose against the franc and the yen, it…

Fx Primus Rebates

Pound Spikes Up As U.K. Wage Growth Improves To 10-year High

The pound strengthened against its major counterparts in the European session on Tuesday, as U.K. jobs data showed that earnings topped expectations in the three months to October, which was the fastest pace of growth since December 2008. Data from the Office for National Statistics showed that average earnings including bonuses rose 3.3 percent year-on-year…

Fx Primus Rebates

Gold Inches Higher On Dollar Weakness

Gold prices inched higher on Tuesday and the dollar softened amid expectations that the U.S. Federal Reserve may take a wait-and-see attitude towards future rate hikes. However, investors are pricing in a 73 percent chance of a rate hike following the December 18-19 meeting. Spot gold rose 0.31 percent to $1,247.59 per ounce after hitting…