• Foreign exchange market. European session: the euro traded lower against the U.S. dollar on speculation that the European Central Bank will add further stimulus measures

Market news

26 November 2015

Foreign exchange market. European session: the euro traded lower against the U.S. dollar on speculation that the European Central Bank will add further stimulus measures

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

00:30 Australia Private Capital Expenditure Quarter III -4.4% Revised From -4.0% -3% -9.2%

09:00 Eurozone Private Loans, Y/Y October 1.1% 1.2% 1.2%

09:00 Eurozone M3 money supply, adjusted y/y October 4.9% 4.9% 5.3%

13:00 Canada Bank holiday

13:00 U.S. Bank holiday

The U.S. dollar traded mixed to higher against the most major currencies in the absence of any major economic reports from the U.S. U.S. markets are closed for a public holiday.

The euro traded lower against the U.S. dollar on speculation that the European Central Bank (ECB) will add further stimulus measures. The ECB President Mario Draghi said at a press conference after the ECB meeting in October that the central bank will review its stimulus measures at its next meeting in December.

Meanwhile, the economic data from the Eurozone was positive. The European Central Bank (ECB) released its M3 money supply figures on Thursday. M3 money supply rose 5.3% in October from last year, exceeding expectations for a 4.9% gain, after a 4.9 % increase in September.

Loans to the private sector in the Eurozone climbed 1.2% in October from the last year, in line with expectations, after a 1.1% gain in September.

The British pound traded lower against the U.S. dollar in the absence of any major economic reports from the U.K.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair fell to $1.5065

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

23:30 Japan Unemployment Rate October 3.4% 3.4%

23:30 Japan Household spending Y/Y October -0.4% 0.1%

23:30 Japan Tokyo Consumer Price Index, y/y November 0.1% 0.2%

23:30 Japan Tokyo CPI ex Fresh Food, y/y November -0.2% -0.1%

23:30 Japan National Consumer Price Index, y/y October 0.0% 0%

23:30 Japan National CPI Ex-Fresh Food, y/y October -0.1% -0.1%

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