Fx Primus Rebates

Dollar Gaining Ground In Holiday Trading

The dollar is rising against its major rivals Monday afternoon. The Veterans Day holiday is keeping some investors away from their desks, but concerns over Brexit and the Italian budget have helped to drive the buck higher. The budget stalemate between Italy and European Union has investors in a cautious mood as the deadline to…

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Turkey September Current Account Swings To Surplus

Turkey’s current account balance for September swung to a surplus this year, preliminary data from the Turkish central bank showed on Monday. The current account showed a surplus of $1.83 billion versus a deficit of $4.44 billion in the same month last year. Consequently, the 12-month rolling deficit was reduced to $46.05 billion. The surplus…

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Euro Drops As Italian Budget Deadline Nears

The euro declined against its major counterparts in the European session on Monday, as investors continued to fret over budget stalemate between Italy and European Union as the deadline to present a revised budget plan by the Italian government neared. Italian Deputy Premier Matteo Salvini said Sunday that the government could block European Union budget…

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India Inflation Eases More Than Expected; Production Growth Remains Robust

India’s headline consumer price inflation slowed more-than-expected in October, provisional figures from the statistics ministry showed on Monday. The consumer price index rose 3.31 percent year-on-year after a 3.70 percent increase in September, which was revised from 3.77 percent. Economists had forecast 3.60 percent inflation. Food price inflation was a -0.86 percent in October versus…

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Canadian Dollar Slides On Falling Oil Prices

The Canadian dollar dropped against its major opponents in the European session on Friday, as oil prices weakened amid signs of rising global supply and concerns over economic slowdown in the face of a worsening U.S.-China trade war. Crude for December delivery dropped $1.03 to $59.67 a barrel. China’s producer price inflation slowed for the…

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Denmark Exports, Imports Fall In September

Denmark’s exports declined modestly in September, while imports dropped after a gain in the previous month, figures from Statistics Denmark showed on Friday. Exports excluding ships, aircraft, fuel, etc. decreased a seasonally adjusted 0.1 percent year-on-year after a 1.6 percent slump in August. Imports tumbled 1.2 percent year-on-year following a 1.4 percent gain in the…

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Norway Inflation Slows First Time In 5 Months

Norway’s consumer price inflation unexpectedly eased for the first time in five months in October, figures from Statistics Norway showed on Friday. The consumer price index rose 3.1 percent year-on-year following a 3.4 increase in each of the previous two months. In July, inflation was 3 percent. Economists had expected the rate to remain unchanged…

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Czech Inflation Slows Slightly In October

Czech inflation eased marginally in October, the Czech Statistical Office reported Friday. Consumer prices climbed 2.2 percent year-on-year in October, slightly slower than the 2.3 percent rise in September. The annual rate was forecast to remain at 2.3 percent. The deceleration was largely driven by food and non-alcoholic beverages in October. Prices of goods and…