The Day Ahead:
For the EUR
It’s a relatively busy day ahead on the economic calendar.
Key stats include German industrial production figures for September and 3rd quarter nonfarm payrolls from France.
Following better than expected survey-based data from Germany for October, the markets will be looking for a pickup in industrial production.
Away from the economic calendar, Brexit, COVID-19, and U.S politics will remain key drivers.
At the time of writing, the EUR was down by 0.02% to $1.1824.
For the Pound
It’s a quiet day ahead on the economic calendar. October house price figures are due out later today that will likely have a muted impact on the Pound.
Expect updates on Brexit and U.S politics to be the key drivers, as Englan goes back into lockdown.
At the time of writing, the Pound was down by 0.11% to $1.3133.
Across the Pond
It’s a busy day ahead for the U.S Dollar. Key stats include October’s nonfarm payrolls and the unemployment rate.
Wage growth, also due out, will likely have a muted impact on the day.
Away from the economic calendar, U.S politics will continue to influence.
At the time of writing, the Dollar Spot Index was up by 0.12% to 92.632.
For the Loonie
It’s a busier day on the economic data front. October employment figures and Ivey PMI are due out later today.
Expect the employment numbers to be the key driver on the data front.
Away from the economic calendar, U.S politics and COVID-19 will remain key drivers, however.
At the time of writing, the Loonie was down by 0.27% to C$1.3080 against the U.S Dollar.
For a look at all of today’s economic events, check out our economic calendar.