Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30Australia Home Loans September -0.9% -0.3% -0.7%
01:30China PPI y/y October -1.8% -1.9% -2.2%
01:30China CPI y/y October +1.6% +1.6% +1.6%
09:30Eurozone Sentix Investor Confidence November -13.7 -6.9 -11.9
The U.S. dollar traded mixed to lower against the most major currencies due to profit taking. The greenback came under pressure on Friday after the mixed labour market data from the U.S. The U.S. economy added 214,000 jobs in October, missing expectations for a rise of 229,000 jobs, after a gain of 256,000 jobs in September.
The U.S. unemployment rate declined to 5.8% in October from 5.9% in September. Analysts had expected the unemployment rate to remain unchanged.
There will be released no major economic reports in the U.S.
The euro traded higher against the U.S. dollar after the weaker-than-expected Sentix investor confidence index for the Eurozone. Eurozone's Sentix investor confidence index increased to -11.9 in November from -13.7 in October, missing expectations for a rise to -6.9.
A reading above 0.0 indicates optimism, below 0.0 indicates pessimism.
The British pound traded mixed against the U.S. dollar in the absence of any major reports from the U.K.
The Canadian dollar traded higher against the U.S. dollar ahead of the Canadian housing starts. Housing starts in Canada are expected to rise by 200,000 units in October, after 197,000 units in September.
EUR/USD: the currency pair rose to $1.2508
GBP/USD: the currency pair traded mixed
USD/JPY: the currency pair traded mixed
The most important news that are expected (GMT0):
13:15 Canada Housing Starts October 197 200