*Canadian Dollar Declines To 2-day Low Of 76.81 Against Yen

Trading 27 mar 2020 Commentaire »

Canadian Dollar Declines To 2-day Low Of 76.81 Against Yen


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*Canadian Dollar Drops To 1.4146 Against U.S. Dollar After BoC Rate Cut

Trading 27 mar 2020 Commentaire »

Canadian Dollar Drops To 1.4146 Against U.S. Dollar After BoC Rate Cut


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U.S. Personal Income Climbs 0.6% In February

Trading 27 mar 2020 Commentaire »

The Commerce Department released a report on Friday showing personal income in the U.S. increased more than expected in the month of February, while personal spending rose in line with economist estimates.

The report said personal income climbed by 0.6 percent in February, matching the increase seen in January. Economists had expected income to rise by 0.4 percent.

Meanwhile, the Commerce Department said personal spending edged up by 0.2 percent for the second straight month, matching expectations.

A reading on inflation said to be preferred by the Federal Reserve showed the annual rate of core consumer price growth ticked up to 1.8 percent in February from an upwardly revised 1.7 percent in January.


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Dollar Little Changed After U.S. Personal Income & Spending Data

Trading 27 mar 2020 Commentaire »

The U.S. personal income and spending data for February has been released at 8:30 am ET Friday. The greenback changed little against its major rivals after the data.

The greenback was trading at 1.1009 against the euro, 1.2264 against the pound, 0.9623 against the franc and 108.69 against the yen around 8:35 am ET.


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*U.S. Personal Income Climbs 0.6% In February, Personal Spending Rises 0.2%

Trading 27 mar 2020 Commentaire »

U.S. Personal Income Climbs 0.6% In February, Personal Spending Rises 0.2%


The material has been provided by InstaForex Company - www.instaforex.com

*UK Chancellor Reappoints Silvana Tenreyro As BoE MPC Member

Trading 27 mar 2020 Commentaire »

UK Chancellor Reappoints Silvana Tenreyro As BoE MPC Member


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Dollar Steady Ahead Of U.S. Personal Income & Spending Data

Trading 27 mar 2020 Commentaire »

The U.S. personal income and spending data for February will be released at 8:30 am ET Friday. Ahead of the data, the greenback held steady against its major rivals.

The greenback was worth 1.1000 against the euro, 1.2253 against the pound, 0.9619 against the franc and 108.76 against the yen at 8:25 am ET.


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Euro Drops Amid Recession Fears

Trading 27 mar 2020 Commentaire »

The euro slipped against its major counterparts in the European session on Friday, as the rapid spread of coronavirus infections sparked fears of a deep global recession.

Above 83,000 infections have been registered in the U.S., surpassing China and Italy, deepening anxiety.

There are now more than half a million cases of coronavirus reported in 202 countries and territories around the world.

The global death toll stood at 23,293, with more than a third of them from Italy.

Investors await the release of the University of Michigan's March consumer confidence index, due at 10:00 am ET.

Survey results from the statistical office Insee showed that French consumer confidence weakened only slightly in March.

The consumer confidence index fell to 103 in March from 104 in February. The indicator was forecast to fall sharply to 92.0.

The euro weakened to 0.8962 against the pound, its lowest level since March 13. The euro may locate support around the 0.88 level.

The euro declined to a 2-day low of 1.0585 against the franc, after rising to 1.0635 at 4:00 am ET. The euro may locate support around the 1.03 level.

The euro pulled back to 1.0991 against the greenback, from a 10-day high of 1.1087 seen at 11:45 pm ET. The next possible support for the euro is seen around the 1.08 level.

The European currency extended decline to a 2-day low of 119.60 against the yen. The euro is seen finding support around the 117.00 level.

Data from the Ministry of Communications and Internal Affairs showed that overall consumer prices in the Tokyo region of Japan were up 0.4 percent on year in March.

That exceeded expectations for an increase of 0.3 percent and was unchanged from the February reading.

Looking ahead, U.S. personal income and spending data for February and University of Michigan's final consumer sentiment index for March will be featured in the New York session.


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Ireland Retail Sales Fall For Second Month

Trading 27 mar 2020 Commentaire »

Ireland's retail sales declined for the second straight month in February, data from the Central Statistics Office reported on Friday.

The retail sales volume decreased 4.3 percent month-on-month in February, following a 0.3 percent fall in January.

The value of retail sales fell 4.3 percent monthly in February, after a 0.4 rise in the preceding month.

On an annual basis, the retail sales volume fell 0.3 percent in February, after a 5.8 percent rise in the prior month.

On a yearly basis, the value of retail sales decreased 0.4 percent in February, after a 5.3 percent rise in the previous month.


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Latvia Retail Sales Growth At 10-Month High

Trading 27 mar 2020 Commentaire »

Latvia's retail sales grew to the highest in ten months in February, figures from the Central Statistical Bureau showed on Friday.

Retail sales increased 5.0 percent year-over-year in February, following a 1.6 percent rise in January.

The latest retail sales was the highest since April 2019, when it was 6.3 percent.

Turnover of retail trade in food products grew by 3.0 percent annually in February and those of non-food products increased by 8.2 percent.

On a monthly basis, retail sales increased 3.5 percent from February, after a 0.1 percent rise in the previous month.


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