Fx Primus Rebates

Gold Inches Higher Ahead Of US Jobs Data

Gold rose on Friday and remained on track to clock its best weekly gain since August, as the dollar held weak on speculation that the U.S. Federal Reserve will pause its interest rate hike agenda after December. Spot gold rose 0.22 percent to $1,240.79 per ounce after hitting a near five-month high of $1,244.32 per…

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Dollar Mixed Ahead Of U.S. Jobs Data

At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for November. Ahead of the data, the greenback traded mixed against its major counterparts. While the greenback eased against the pound, it recovered from its early lows against the rest of major rivals. The greenback was worth 112.88 against the yen,…

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German Industrial Production Unexpectedly Falls

Germany’s industrial production in October unexpectedly dropped for the first time in three months, suggesting that manufacturing is yet to recover from a slowdown despite some improvement in demand. Industrial production dropped 0.5 percent from September, when they grew 0.1 percent, revised from 0.2 percent, preliminary figures from the Federal Statistical Office showed on Friday.…

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Euro Mixed After Eurozone GDP Data

The euro was trading mixed against its major counterparts in the early European session on Friday, after the release of Eurozone gross domestic product data for the third quarter, which showed slowest pace of growth in four years, matching preliminary estimate. Data from Eurostat showed that Eurozone GDP rose 0.2 percent in the third quarter…

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Loonie Climbs Ahead Of Canada Jobs Data

The Statistics Canada is set to release Canada jobs data for November at 8:30 am ET Friday. The loonie advanced against its major opponents before the data. The loonie was valued at 84.34 against the yen, 0.9654 against the aussie, 1.3390 against the greenback and 1.5219 against the euro as of 8:25 am ET. The…

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Euro Little Changed After Eurozone PMI

At 4.00 am ET Wednesday, IHS Markit has released Eurozone composite PMI for November. The euro changed little against its major rivals after the data. The euro was trading at 1.1337 against the greenback, 128.10 against the yen, 1.1325 against the franc and 0.8907 against the pound around 4:01 am ET. The material has been…