| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 07:00 | Germany | GDP (QoQ) | Quarter III | 0.1% | 0.3% | 0.4% |
| 07:00 | Germany | GDP (YoY) | Quarter III | 1.6% | 1.2% | 1.3% |
| 07:00 | Germany | Gfk Consumer Confidence Survey | December | -41.9 | -39.6 | -40.2 |
| 07:30 | Switzerland | Non Farm Payrolls | Quarter III | 5.316 | | 5.362 |
| 07:45 | France | Consumer confidence | November | 82 | 83 | 83 |
During today's Asian trading, the US dollar consolidated against major currencies after falling moderately on Thursday against the background of the minutes of the November meeting of the Federal Reserve System, which showed that the vast majority of Central Bank policymakers see the need to slow down the pace of rate hikes in the near future.
The US Dollar Currency Index (DXY), which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) rose by 0.03% to 105.84.
Yesterday, the dollar fell 0.2% against the euro, by 0.7% against the yen and by 0.5% against the pound.
"Some of the Fed's policymakers have noticed that monetary policy has reached a state where it is sufficiently restrictive to achieve the FOMC's goals, and it would be advisable to slow down the rate hike. The overwhelming majority of the meeting participants considered that a slowdown in the rate hike is likely to be appropriate in the near future," the minutes of the Fed meeting from November 1-2 showed.
At the same time, some of the Fed's policymakers believe that the Fed will have to raise the rate higher than previously planned in order to achieve the goal of easing inflation. They indicated that the rate "will have to reach a slightly higher level than previously expected," given the lack of sufficient signals of weakening inflation in the US at the moment, as well as the persistence of an imbalance of supply and demand in the economy.