WTI crude rises to the highest since November 16
Canadian dollar ignores the move with retail sales looming WTI crude hit a session high of $57.81. That’s the best level since mid-November as the rebound from $42.36 in December… Read more »
Tag: November
Litecoin Massively Outperformed Bitcoin Since November Sell-Off By 4x
Investors who purchased Litecoin during the significant November 2018 sell-off earned four times more returns than the investors who bought Bitcoin, highlighted Joe McCann. The financial expert, who serves as… Read more »
Dollar Set for Consecutive Weekly Gains for First Time Since November By Investing.com
© Reuters. Investing.com – The dollar was modestly higher against its rivals Friday and remained on track to post consecutive weekly gains for the first time since November. The dollar’s… Read more »
Dollar Matches Longest Climb Since November 2016, Is it a Trend?
Talking Points: A 7 consecutive trading day advance for the DXY matches the index’s longest charge in over 2 years Like most currencies and asset classes, the Dollar still struggles… Read more »
USDCHF trades at highest level since November
5 days up The USDCHF bottomed most recently on Thursday after getting close to the 100 and 200 day MAs (blue and green lines). The low came in at 0.9907. … Read more »
November US factory orders -0.6% vs +0.3% expected
November 2018 US factory orders Prior was -2.1% Ex transport +0.7% vs +1.5% exp Prior ex transport +0.8% Durable goods orders revisions Orders +0.7% vs +1.5% exp Capital goods orders… Read more »
Canada November GDP -0.1% vs -0.1% expected
Monthly Canadian GDP data Prior (October) was +0.3% (unrevised) -0.094% unrounded GDP y/y +1.7% vs +1.6% expected Gains in 13 of 20 sectors Wholesale trade -1.1% vs +1.0% in Oct… Read more »
Cable rises above the November high
Another technical win for the pound Cable continues to stretch higher and is now up 122 pips on the day to 1.3186. This is the fifth consecutive day of gains… Read more »
Canada November retail sales -0.9% vs -0.6% expected
Canadian retail sales data for November 2018 Weakest since April 2018 Prior was +0.3% (revised to +0.2%) Ex autos -0.6% vs -0.4% exp Prior ex autos 0.0% (revised to -0.2%)… Read more »
Eurozone November industrial production -1.7% vs -1.5% m/m expected
Latest data released by Eurostat – 14 January 2019 Prior +0.2%; revised to +0.1% Industrial production WDA -3.3% vs -2.1% y/y expected Prior +1.2% ForexLive Worse-than-expected figures here but a… Read more »