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Sterling Strong as Britain’s Officials Want to Avoid Hard Brexit

The Great Britain pound was strong on Friday, rising against its most-traded peers, as Britain’s officials were talking about possibility of keeping access to the single market of the European Union.

Canadian Dollar Gets Help from Positive Employment Report

The Canadian dollar rose against most of its major peers (with the exception of the Japanese yen) with the help of rather positive employment data released from Canada over the trading session.

US Dollar Falls Against Major Peers Following Disappointing Jobs Data

The dollar declined against most of its major peers on Friday, following a new report that revealed average jobs gains in November. The US currency, which rose during the past 3 weeks, could be having a corrected movement after its rapid rally in the wake of Donald Trump’s presidency.

Polish Zloty Edges Lower Ahead of S&P Credit Rating Review

The Polish zloty edged lower today ahead of a credit rating review by Standard & Poor’s that may result in lower credit grade for the Eastern European country.

Australian Retail Sales Help Aussie to Gain on Rivals

The Australian dollar rose against its most-traded rivals (with the exception of the Japanese yen) today as Australia’s retail sales beat expectations.

Dollar Sinks as Traders Take Profit

The US dollar dropped against other most-traded currencies today as traders were taking profits at the start of the new month that followed November, which was a very good month for the US currency.

Canadian Dollar Continues to Receive Support from Skyrocketing Oil Prices

The Canadian dollar continued to rally against its major rivals today, demonstrating especially big gains against the weak US dollar, as the OPEC oil production cut propelled oil prices higher.

British Pound Climbs Higher on Possible Single Market Access

The British pound traded at its strongest level against the euro since September 6 on Thursday. The sterling received a positive lift from news of possible budget contributions that the United Kingdom might be willing to offer the European Union to keep its access to the single market.

Australian Dollar Unable to Maintain Upward Momentum

The Australian dollar failed to maintain its rally despite relatively supportive macroeconomic data, both domestic and overseas.

New Zealand Dollar Fails to Rally Despite Data from China

The New Zealand dollar slipped against most major currencies today (though not against the US dollar) as relatively positive data released from China failed to bolster the currency of its trading partner.

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