EUR/USD
The euro traded lower against the US dollar despite the improvement in Europe’s inflation data that was released yesterday. The current decline in the levels of the euro against the dollar comes in light of the continued rise in the dollar against major currencies.
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GBP/USD
The pound fell against the US dollar after the release of US data. The New York Empire State Manufacturing Index showed a contraction in the manufacturing sector and was up to -10.7 vs. a previous value of -11.4 in October.
| British Economic Data | ||||
| Time GMT | Event | Vol | Forecast | Previous |
| 09:30 | Core Consumer Price Index (Yearly) |  | 1% | 1% |
| 09:30 | Consumer Price Index (Yearly) | | -0.1% | -0.1% |
USD/JPY
The US dollar traded higher against the Japanese yen after reports showed that the Japanese economy fell into recession during the third quarter due to poor spending from the Japanese companies.
| Japanese Economic Data | ||||
| Time GMT | Event | Vol | Forecast | Previous |
| No Economic Data | ||||
AUD/USD
The Australian dollar fell against the US dollar due to the absence of economic data from the Australian side and the release of positive data from the US side.
| Australian Economic Data | ||||
| Time GMT | Event | Vol | Forecast | Previous |
| 23:00 | CB Leading Indicator (Sep) |  | -0.4% | |
| 23:30 | Westpac Leading Index (Oct) | | 0.1% | |
GOLD
Gold prices resumed their decline yesterday, after a failed attempt to rebound, as the dollar strengthened against major currencies, and reached its highest level in seven months.
OIL
Crude oil prices rose yesterday after the French air strikes against ISIS areas in Syria, in response to the attacks on the French capital, Paris last Friday and which have claimed 129 lives.
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