Better than expected consumer confidence in the US provides hope for a positive shopping season come Black Friday. Consumer confidence stands at 93.1 points, better than expected. Also conditions at 104.8 and expectations at 85.6 are ahead of predictions. US inventories are up 0.3%, also beating predictions.
The US dollar is advancing, with EUR/USD falling to new lows under 1.0720. Also the Canadian dollar is showing weakness with USD/CAD at fresh highs of 1.3340.
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