Here is what you need to know on Monday, November 6: Financial markets started the new week in a quiet manner.
After falling more than 1% in the previous week, the US Dollar Index stabilized near 105.00 early Monday and the benchmark 10-year US Treasury bond yield recovered toward 4.6%. Sentix Investors Confidence data for November will be featured in the European economic docket. The US calendar will not be offering any high-impact data releases later in the day. Nonfarm Payrolls in the US rose by 150,000 in October, the US Bureau of Labor Statistics reported on Friday.
27% 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 Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY . EUR/USD gathered bullish momentum and climbed to its highest level in nearly two months above 1.0700 on Friday.
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