- Asian session review: the euro rose against the us dollar and the yen
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Asian session review: the euro rose against the us dollar and the yen
| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|---|---|---|---|---|---|
| 00:00 | Australia | Consumer Inflation Expectation | December | 3.5% | 3.5% | |
| 00:30 | Australia | RBA Bulletin | ||||
| 07:00 | United Kingdom | Manufacturing Production (YoY) | October | -7.9% | -8.4% | -7.1% |
| 07:00 | United Kingdom | Manufacturing Production (MoM) | October | 0.2% | 0.3% | 1.7% |
| 07:00 | United Kingdom | Industrial Production (YoY) | October | -6.3% | -6.5% | -5.5% |
| 07:00 | United Kingdom | Industrial Production (MoM) | October | 0.5% | 0.3% | 1.3% |
| 07:00 | United Kingdom | GDP m/m | October | 1.1% | 0.4% | 0.4% |
| 07:00 | United Kingdom | GDP, y/y | October | -8.4% | -8.2% | |
| 07:00 | United Kingdom | Total Trade Balance | October | 0.6 | -1.7 | |
| 07:45 | France | Industrial Production, m/m | October | 1.6% | 0.4% | 1.6% |
During today's Asian trading, the Euro rose against the US dollar and the yen on expectations of the outcome of the European Central Bank (ECB) meeting.
At the end of today's meeting, the ECB is likely to extend the term of the emergency asset purchase program for six months, until December 2021, and increase its volume by 500 billion euros, to 1.85 trillion euros, according to the consensus forecast of analysts and economists.
The ICE index, which tracks the dollar's performance against six currencies (the euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), fell 0.04%.
Traders are also waiting for the release of data from the US Labor Department on consumer prices for November, as well as on the number of initial jobless cClaims last week.
The pound fell more than 0.6% against the US dollar. British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed to determine by next Sunday whether there is a chance to conclude an agreement on the parties ' relations after Brexit, British media reported.
According to media reports, Johnson and von der Leyen, after hours of talks that ended on Thursday night, stated that while the UK and the EU can not overcome a number of controversial issues.
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