How do the currencies stack up for November 17, 2015
A snapshot of the major currencies shows the AUD as the strongest currency vs. it's peers while the NZD is the weakest.
The USD is sitting near the middle - rising vs the EUR, CHF and NZD, and down against the AUD. It is little changed vs. the JPY, CAD and GBP as the day begins.
The volatility as measured by the trading ranges vs the 22-day average range (about a month of trading) is showing that all the major pairs and cross currency pairs are trading way below their averages. The increased event risk - spurred on by the terrorist activity in Paris - has traders more cautious.
US CPI will be released with 0.2% est vs -0.2% last month. Ex food and energy is also expected at +0.2% vs +0.2% last. CPI YoY is +0.1% with ex food and energy expected to come in at +1.9%. At 9:15 AM Industrial Prod and Cap Utilization will be released (+0.1% and 77.5%).
