# Forex Major Currencies Outlook (Nov 13, 2015) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-13-2015/ Language: en Updated: 2015-11-13 Description: Explore Forex Major Currencies Outlook (Nov 13, 2015). USD The US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar weakened in recent trading sessions, as Fed Chairperson Yellen refrained from sharing any monetary policy hints in her latest testimony. Other FOMC members also appeared to have mixed views on a liftoff, with Fed official Evans saying that he’d like to see further evidence of stronger inflation before hiking rates and Fed official Dudley hinting that it’s possible that conditions for a liftoff have been satisfied. US retail sales figures are due today and a 0.3% increase in the headline figure is eyed while the core figure could show a 0.4% uptick. **EUR** The euro managed to recover against its peers despite downbeat euro zone data and more dovish remarks from Draghi. The industrial production report showed a 0.3% decline versus the projected 0.1% drop while Draghi shared that that they’re ready to act but didn’t clarify which policy tools they’d be using. French and German preliminary GDP readings are due today, with weak data likely to push the shared currency down. **GBP** The pound posted weak gains against the dollar as there were no reports to give it a strong boost. There are still no major reports out of the UK again today, which suggests that pound pairs might be in for more consolidation or be sensitive to counter currency action. **CHF** The franc also enjoyed a bit of relief against the dollar, even though there were no reports out of Switzerland. Today has the PPI on tap and a 0.2% decline in producer prices is eyed, following the previous 0.1% drop. **JPY** The yen managed to take advantage of dollar weakness and stay strong against its other rivals, although that could change during the release of the revised industrial production data and tertiary industry activity index today. No changes are expected for the initial 1.0% estimate in industrial production while the latter could show a meager 0.2% uptick. **Commodity Currencies (AUD, NZD, CAD)** The Aussie and Kiwi were able to draw support from upbeat Australian jobs data throughout the day, but the Loonie was weighed down by falling oil prices. The Australian economy added 58.6K jobs versus the projected 14.8K gain, bringing the jobless rate down from 6.2% to 5.9%. US crude oil inventories rose from 2.8M to 4.2M, reviving fears of an oversupply. There are no major reports due from these economies today *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-13-2015/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-13-2015/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-13-2015/", "headline": "Forex Major Currencies Outlook (Nov 13, 2015)", "inLanguage": "en", "datePublished": "2015-11-13T06:30:57+00:00", "dateModified": "2015-11-13T06:30:57+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Nov 13, 2015). USD The US. 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