FXHIGHWAY

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Sterling climbs on positive data.

News Date: 11/11/2015 09:43:22
Update Date: 11/11/2015 10:21:06
 
British unemployment rate fell to 5.3%, the lowest since early 2008, pushing Sterling up half a percent against Dollar to 1.5189. It rose 0.30% against Euro to 0.7075. It climbed 0.34% against Yen to 186.80.

Dollar eased back from its recent highs, with its index down 0.20% to 99.07. It fell 0.17% against Euro to 1.0743. It lost 0.11% against Yen to 123.02.

European stocks rallied, with the pan-European index FTSEurofirst gaining 1.08%. Britain's FTSE index rose 45 points, or 0.72% to 6,138. France's CAC 40 gained 55 points, or 1.13% to 4,969. Germany's DAX rallied 121 points, or 1.15% to 10,953.

Wall Street opened higher in tandem, with Dow Jones up 25 points, or 0.14% to 17,783. NASDAQ rose 10 points, or 0.20% to 5,092. S&P 500 gained 3.6 points, or 0.18% to 2,085.

U.S. crude prices were hurt by reports of a a build-up in oil stocks, with the futures losing 21 cents, or 0.54% to $43.99 a barrel. Brent futures for December gained 12 cents, or 0.25% to $48.20 a barrel.

Canadian dollar took ground from the slipping dollar, rising 0.12% to C$1.3256. Australian dollar rose a more robust 0.39% to $0.7058.

Gold futures fell two dollars, or 0.20% to $1,086.30 an ounce. Silver futures lost 3 cents, or 0.22% to $14.33 an ounce.

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