# Forex Major Currencies Outlook (Nov 30, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-30-2016/ Language: en Updated: 2016-11-30 Description: Explore Forex Major Currencies Outlook (Nov 30, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar had a mixed performance despite seeing stronger than expected economic reports. The Q3 GDP reading was upgraded from 2.9% to 3.2% while the CB consumer confidence showed a large jump for the month. The core PCE price index, along with personal spending and income data, are lined up for today. ADP non-farm employment change, Chicago PMI, pending home sales, and the Fed Beige Book are also up for release. **EUR** The euro recovered against the dollar and the yen but caved to the commodity currencies. Euro zone medium-tier data, such as German preliminary CPI and French consumer spending, came in mostly stronger than expected. Euro zone flash CPI estimates are lined up today but political risks are still weighing on the shared currency. **GBP** The pound was stronger across the board as medium-tier UK data was upbeat. Net lending to individuals rose to 4.9M while mortgage approvals rose to 68K. The BOE Financial Stability Report is due today and Carney is expected to highlight the banking sector risks related to the Brexit. Bank stress test results are also due. **CHF** The franc was in a weak spot even though there were no major reports out of the Swiss economy. Today has the UBS consumption indicator on tap and an improvement from the earlier 1.59 reading could allow the Swiss currency to recover. **JPY** The yen resumed its slide against most of its counterparts as Japan reported a lower than expected gain in preliminary industrial production. Japanese housing starts are still up for release but market sentiment could push yen pairs around for the rest of the day. **Commodity Currencies (AUD, NZD, CAD)** The comdolls strengthened but the Loonie was behind the pack due to lower odds of an OPEC deal. Iran has explicitly stated that it won’t be cutting production and Iraq won’t cooperate unless all the other members of the cartel are on board with the output deal. Canada’s monthly GDP and underlying inflation figures are due 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-30-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-30-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-nov-30-2016/", "headline": "Forex Major Currencies Outlook (Nov 30, 2016)", "inLanguage": "en", "datePublished": "2016-11-30T07:47:34+00:00", "dateModified": "2016-11-30T07:47:34+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (Nov 30, 2016). USDThe US. 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