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Euro Falls Ahead Of Eurozone Jobless Rate, CPI

At 5:00 am ET Friday, Eurostat will release Eurozone jobless rate for October and consumer inflation for November. Ahead of these data, the euro dropped against its major counterparts. The euro was worth 1.1347 against the greenback, 129.08 against the yen, 0.8896 against the pound and 1.1328 against the franc as of 4:55 am ET.…

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Swiss KOF Economic Barometer Falls For A Second Month

A leading indicator signaling Swiss economic performance in the near future fell for a second straight month in November, survey data from the KOF Swiss Economic Institute showed on Friday. The KOF Economic Barometer dropped to a three-month low of 99.1 from 100.2 in October, which was revised from 100.1. Economists had expected a score…

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U.S. Durable Goods Orders Plunge More Than Expected In October

A report released by the Commerce Department on Wednesday showed a much steeper than expected drop in new orders for U.S. durable goods in the month of October, with the sharp decline largely reflecting a substantial decrease in orders for transportation equipment. The Commerce Department said durable goods orders plunged by 4.4 percent in October…