Dollar Inches Above Par Versus Loonie Friday Morning []

Dollar Inches Above Par Versus Loonie Friday Morning []
The dollar broke above par for the first time since early October against its Canadian counterpart Friday morning. The dollar hit 1.0001 before levelling off, but could head higher if oil prices head lower over the course of the morning.

New Zealand Currency Falls Against Buck [NZDUSD]
The New Zealand currency dropped against its American counterpart in action on Friday. After choppy action in the morning, the kiwi fell past 0.7690 in trading around the midday. The pair moved as the US Department of Commerce released its report on personal income and spending in the month of October.

BMO Capital Markets Suggests Odds Are High For A Rate Cut In December []
BMO Capital Markets Economics analyst Sal Guatieri remarked on Friday that headwinds smacked U.S. personal spending. U.S. personal consumption growth slowed to 0.2% in October, the weakest gain in four months and less than expected. Guatieri noted that credit-sensitive durable goods (such as autos and furniture) took the biggest hit.

U.S. Dollar Rallies To Eight-Day High Against Pound [GBP/USD]
The greenback surged against the British pound on Friday in New York and moved to an eight-day high. The pair was generally even until a little after 10 a.m. ET when the greenback surged sharply. The buck moved to 2.0573 against its British counterpart.

Dollar Spikes Higher Versus Euro [EUR/USD]
The dollar accelerated to the upside versus the euro in Friday's mid-morning dealing, rising to a fresh 12-session high. By 10:30 am, the dollar jumped to 1.47 from an earlier level near 1.4750.

Markets Likely To Edge Higher - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Friday. There is no lead from Wall Street as it was closed on account of Thanksgiving holiday on Thursday. The major markets across the Asia-Pacific region are a mixed pack on Friday.