The US dollar trades just above a multi-month support level and with important US retail sales and PPI on deck, this zone may come under pressure.
from DailyFX – Market News https://ift.tt/3o58RT1
via IFTTT
The US dollar trades just above a multi-month support level and with important US retail sales and PPI on deck, this zone may come under pressure.
from DailyFX – Market News https://ift.tt/3o58RT1
via IFTTT
Gold received support today from a weaker US dollar as markets keenly await U.S. PPI and retail sales figures for December. XAU/USD holding above $1900 for now.
from DailyFX – Market News https://ift.tt/J5MmL2W
via IFTTT
EU delegates announced a response to the US Inflation Reduction Act to keep firms from heading abroad. Quieter calendar points to EUR/USD trend continuation
from DailyFX – Market News https://ift.tt/zVK0fY9
via IFTTT
Oil rallies into an old level of resistance and looks set to press higher after this week’s positive Chinese growth data fuels sentiment.
from DailyFX – Market News https://ift.tt/tkYuv9z
via IFTTT
GBP/USD reacted favorably to elevated UK inflation, placing the Bank of England in an interesting position ahead of next months interest rate decision.
from DailyFX – Market News https://ift.tt/xk2NPJ6
via IFTTT