(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter The rand extended a decline against the dollar after data showed South Africa’s economy unexpectedly contracted in the third quarter. Thecurrency weakened 0.7% to 14.6472 per dollar by 11:33 a.m. in Johannesburg. Read more at : https://www.investing.com/news/forex-news/south-african-rand-extends-decline-after-gdp-contracts-in-3q-2032295
Investing.com – The Chinese yuan stayed relatively steady as forex markets began December with good news from China’s economy. China’s Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) was recorded at 51.8 in November, up from a reading of 51.7 in October. On Friday, the official manufacturing PMI released by the National Bureau of Statistics (NBS)...
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The pound headed for a fourth month of gains against the euro, reflecting growing confidence in the market that the Conservative Party will be able to secure a majority in the...
Investing.com - Sterling was higher on Monday, amid hopes rose that the Conservative Party will win the upcoming election and the U.K. will leave the European Union as planned. British Prime Minister Boris Johnson promised to bring a Brexit deal to parliament before Christmas. His Conservative Party leads in opinion...
By Tom Westbrook SINGAPORE (Reuters) - The dollar and export-focused currencies found support on Monday as positive signs for the U.S. economy and upbeat headlines on U.S.-China trade talks boosted investor confidence. The pound climbed, too, on hopes for an imminent Brexit and an end to years of political paralysis. The day's...
Investing.com - Persistent uncertainty over the prospect of a U.S.-China trade deal looks likely to keep currency traders from taking on any large directional positions ahead of the upcoming Thanksgiving holiday on Thursday. Despite the shorter week, the U.S. economic calendar indicates that both manufacturing and consumption will be in...

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