The euro plunged in the previous session due to political turmoil in France. The euro lost 3% of its value against the dollar in November. The US manufacturing PMI increased from 46.5 to 48.4. The EUR/USD price analysis shows some bullish momentum after a slide in the previous session. However, fundamentals still suggest further downside...
Canada’s manufacturing PMI rose from 51.1 to 52.0 in November. The US manufacturing PMI rose to 48.4 after a previous reading of 46.5. US unemployment might increase in November. The USD/CAD outlook shows stronger-than-expected business activity in Canada’s manufacturing sector which is supporting the loonie. Meanwhile, the dollar eased slightly as market participants awaited more...
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