Mexico Trade Balance s/a, $ down to $-0.775B in November from previous $0.463B
Mexico 1st half-month Core Inflation above expectations (0.43%) in December: Actual (0.5%)
Mexico 1st half-month Inflation came in at 0.42%, above expectations (0.36%) in December
Mexico Trade Balance, $ fell from previous $0.371B to $-0.133B in November
Crude Oil prices consolidate on Monday, with WTI hovering above $69, with some room to the upside as market sentiment improves helped by a broad tailwind coming from Asian equities.
The AUD/USD pair trades sideways around 0.6250 at the start of the week.
Silver price (XAG/USD) extends Friday’s recovery move to near $29.90 in Monday’s European session.
Belgium Consumer Price Index (YoY) down to 3.16% in December from previous 3.2%
Belgium Consumer Price Index (MoM) up to 0.4% in December from previous 0.17%
The Pound Sterling (GBP) moves higher against its major peers on Monday as investors largely ignore a mild increase in Bank of England’s (BoE) dovish bets for the next year.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
The USD/CAD pair attracts some dip-buyers at the start of a new week and for now, seems to have stalled its corrective slide from the highest level since March 2020 touched last Thursday.
Italy Trade Balance non-EU up to €5.908B in November from previous €5.709B
EUR/JPY extends its losses following an interview of European Central Bank (ECB) President Christine Lagarde published by the Financial Times on Monday.
The NZD/USD pair edges lower to near 0.5650 during the European hours on Monday.
Spain Gross Domestic Product (YoY) came in at 3.3% below forecasts (3.4%) in 3Q
Spain Gross Domestic Product (QoQ) in line with forecasts (0.8%) in 3Q
EUR/USD trades quietly at the start of the week around 1.0440 in Monday’s European session.
The EUR/GBP cross extends the rally to around 0.8305 during the early European session on Monday.
Here is what you need to know on Monday, December 23: Improving risk mood caused the US Dollar (USD) to lose interest heading into the weekend.
AUD/JPY retraces its recent losses from the previous session, trading around 98.00 during the early European hours on Monday.
Germany Import Price Index (MoM) registered at 0.9% above expectations (0.3%) in November
Germany Import Price Index (YoY) rose from previous -0.8% to 0.6% in November
United Kingdom Current Account came in at £-18.099B, above forecasts (£-24.1B) in 3Q
United Kingdom Gross Domestic Product (QoQ) registered at 0%, below expectations (0.1%) in 3Q
United Kingdom Gross Domestic Product (YoY) came in at 0.9%, below expectations (1%) in 3Q
United Kingdom Total Business Investment (QoQ) above forecasts (1.2%) in 3Q: Actual (1.9%)
United Kingdom Total Business Investment (YoY) above forecasts (4.5%) in 3Q: Actual (5.8%)
United Kingdom Current Account came in at £-18.1B, above forecasts (£-24.1B) in 3Q
The USD/CHF pair gains traction to around 0.8935, snapping the two-day losing streak during the early European session on Monday.
EUR/USD extends its gains for the third consecutive day, trading around 1.0440 during the Asian hours on Monday.
In an interview with the Financial Times (FT) on Monday, European Central Bank (ECB) President Christine Lagarde said that she “still believes that we should be very vigilant about services.” .
Gold price (XAU/USD) struggles to capitalize on last week's modest recovery from a one-month trough and oscillates in a range around the $2,625 region during the Asian session on Monday.
Singapore Consumer Price Index (YoY) registered at 1.6, below expectations (1.8) in November
The Silver price (XAG/USD) extends the recovery to near $29.60 during the early Asian session on Monday, bolstered by the softer-than-expected US November Personal Consumption Expenditures (PCE) Price Index inflation data.
USD/CAD continues to lose ground for the third successive session, trading around 1.4360 during the Asian hours on Monday.
West Texas Intermediate (WTI) US Crude Oil prices edge higher for the second straight day on Monday and move away from over a one-week low, around the $68.40-$68.35 region touched on Friday.
NZD/USD extends its gains for the second consecutive day, trading around 0.5660 during the Asian session on Monday.
The Japanese Yen (JPY) kicks off the new week on a softer note and remains within striking distance of a five-month low touched against its American counterpart on Friday.
The Indian Rupee (INR) remains weak on Monday after reaching an all-time low in the previous session.
The Australian Dollar (AUD) steadies following two days of gains on Monday as the US Dollar (USD) remains subdued following the Personal Consumption Expenditures Price Index (PCE) data from the United States (US) released on Friday.
Israeli strikes across the Gaza Strip overnight and early Sunday killed at least 50 Palestinians, including at one family's home and a school building, according to Palestinian medical officials.
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1870, as compared to Friday's fix of 7.1901 and 7.2880 Reuters estimates.
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading range above mid-1.2500s during the Asian session.
Gold price (XAU/USD) holds steady near $2,625 during the early Asian session on Monday.
EUR/USD remains steady following the gains from the previous session, trading around 1.0430 during the Asian hours on Monday.
US President-elect Donald Trump is announcing his picks for key positions in his administration.
US President-elect Donald Trump has demanded Panama reduce fees on the Panama Canal or return it to US control, accusing Panama of charging excessive rates to use the Central American passage, per Reuters.
The European Central Bank (ECB) Governing Council member Boris Vujcic said on Saturday that the central bank will go on lowering borrowing costs in 2025, per Bloomberg.
The AUD/USD pair trades on a flat note around 0.6250 during the early Asian session on Monday.