With the Greenback on the charge, economic data from the Eurozone will draw interest ahead of JOLT's job openings and consumer sentiment figures from the U.S.
It was a quiet start to the day on the economic calendar this morning. The Kiwi Dollar was back in action, however.
In October, the Business PMI increased from 51.4 to 54.3.
According to the latest survey,
The Kiwi Dollar moved from $0.70197 to $0.70208 upon release of the figures. At the time of writing, the Kiwi Dollar was down by 0.03% to $0.70185.
At the time of writing, the Japanese Yen was flat at ¥114.060 against the U.S Dollar, while the Aussie Dollar was up by 0.01% to $0.72896.
It’s a relatively quiet day ahead on the economic calendar. Industrial production figures for the Eurozone will be in focus in the early part of the European session.
With little else for the markets to consider, expect the numbers to influence.
Finalized October inflation figures for France and Spain are also due out. Barring marked revisions from prelim numbers, however, the stats should have a muted impact on the EUR.
At the time of writing, the EUR was down by 0.03% to $1.1448.
It’s a particularly quiet day ahead on the economic calendar.
There are no material stats due out of the UK to provide the Pound with direction.
At the time of writing, the Pound was down by 0.01% to $1.3371.
It’s a relatively busy day ahead on the economic calendar.
JOLT’s job openings will be in focus ahead of consumer sentiment figures later in the day.
While the job openings will influence, consumer sentiment will likely have the greater impact.
On Thursday, the U.S Dollar Spot Index rose by 0.32% to 95.1570.
It’s another quiet day ahead. There are no material stats due out of Canada to provide the Loonie with direction.
The lack of stats will leave the Loonie in the hands of crude oil prices and market risk sentiment.
At the time of writing, the Loonie was down by 0.02% to C$1.2581 against the U.S Dollar.
For a look at all of today’s economic events, check out our economic calendar.
With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions. Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities.