Dollar Turns In Mixed Performance Against Major Rivals

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(RTTNews) - The dollar was a bit volatile against its major counterparts on Friday, with traders reacting to the latest batch of economic data and continuing to monitor the developments on the geopolitical front, and looking ahead to the upcoming eventful week.

The Federal Reserve is scheduled to announce its monetary policy on Wednesday (November 1). The Bank of Japan is also slated to announce its policy next week.

A report released by the Commerce Department on Friday showed personal income in the U.S. increased by slightly less than expected in the month of September.

The Commerce Department said personal income rose by 0.3% in September after climbing by 0.4% in August. Economists had expected income to advance by another 0.4%.

Meanwhile, the report said personal spending increased by 0.7% in September after rising by 0.4% in August. Spending was expected to climb by 0.5%.

The Commerce Department also said its reading on consumer prices rose by 0.4% in September, matching the increase in August.

The annual rate of consumer price growth was unchanged at 3.4%, while the annual rate of core consumer price growth slipped to 3.7% in September from 3.8% in August.

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of October. The report said the consumer sentiment index for October was upwardly revised to 63.8 from the preliminary estimate of 63.0.

The dollar index, which climbed to 106.80 in early New York session, dropped to 106.32 around mid morning, but recovered to 106.56, trimming its loss to 0.04%.

Against the Euro, the dollar was roughly flat at 1.0568 a little while ago, recovering from 1.0599. Against Pound Sterling, the dollar was up marginally at 1.2121.

The dollar weakened to 149.67 yen, easing from 150.40. Against the Aussie, the dollar was down at 0.6331, and against Swiss franc, strengthened to CHF 0.9020 from CHF 0.8990.

The dollar gained against the loonie, fetching C$ 1.3878 a unit, compared to C$ 1.3832 on Thursday.

U.S. Dollar Falls Against Most Majors

The U.S. dollar weakened against its most major counterparts in the New York session on Friday.

RTTNews | Před 1 dnem

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.

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Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings

Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.

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Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.

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European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.

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U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

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Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

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U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | Před 1 dnem

EURUSD	1.1684	GBPUSD	1.34987	AUDUSD	0.6538
USDJPY	147.04	USDCAD	1.3741	USDCHF	0.80047