German inflation data to kick start busy calendar week
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Here is what you need to know on Monday, January 6: Following the holiday-shortened week that offered some volatility in financial markets, trading conditions finally start to normalize. Regional and nation-wide inflation data from Germany will be watched closely on Monday. In the second half of the day, the US economic calendar will feature Factory Orders data for December. Investors will also scrutinize comments from central bank officials. US Dollar PRICE Last 7 days The table below shows the percentage change of US Dollar (USD) against listed major currencies last 7 days. US Dollar was the strongest against the Euro. USD EUR GBP JPY CAD AUD NZD CHF USD 1.07% 1.07% -0.13% -0.13% -0.23% 0.06% 0.86% EUR -1.07% -0.00% -1.23% -1.24% -1.35% -1.05% -0.25% GBP -1.07% 0.00% -1.22% -1.23% -1.35% -1.04% -0.27% JPY 0.13% 1.23% 1.22% -0.02% -0.06% 0.33% 1.04% CAD 0.13% 1.24% 1.23% 0.02% -0.10% 0.26% 0.97% AUD 0.23% 1.35% 1.35% 0.06% 0.10% 0.31% 1.09% NZD -0.06% 1.05% 1.04% -0.33% -0.26% -0.31% 0.78% CHF -0.86% 0.25% 0.27% -1.04% -0.97% -1.09% -0.78% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). The US Dollar (USD) gathered strength against its major rivals after the New Year break, with the USD Index rising nearly 1% on a weekly basis. Early Monday, the index stays in a consolidation phase below 109.00, while the benchmark 10-year US Treasury bond yield holds above 4.6%. The US stock index futures trade…
Filed under: News - @ January 6, 2025 7:25 am