US Retail Sales rose more than expected in December
Retail Sales in the US rose 0.6% on a monthly basis in December to $709.9 billion, the data…
Forex
Gold price bounces off weekly low to defend 50-day pivotal support, not out of the woods yet
Gold price (XAU/USD) remains under some selling pressure for the second straight day and maintains its offered tone…
USD/IDR set to move toward 15,000 by end-2024 – Standard Chartered
Economists at Standard Chartered analyze Indonesia’s macroeconomic outlook and share their forecast for the Rupiah (IDR.) 2024 GDP…
Swiss Franc gains against US Dollar despite latter’s indecision
The Swiss Franc (CHF) gained slightly on Friday against the US Dollar (USD) but weakened a quite a…
US: Surprisingly high inflation can hurt USD if monetary policy is perceived to be too dovish – Commerzbank
What does Thursday’s US inflation data tell us? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank,…
USD/KRW: Break above last month’s high of 1,327/1,330 essential to confirm a larger rally – SocGen
USD/KRW defends the 200-Day Moving Average (DMA) at 1,316. Economists at Société Générale analyze the pair’s outlook. November/December…
USD/MXN: Inability to cross the 17.42/17.55 hurdle would mean continuation in decline – SocGen
Mexican Peso (MXN) bucked weaker LatAm trend in the first week of 2024. Economists at Société Générale analyze…
Silver Price Analysis: XAG/USD hangs near multi-week low, seems vulnerable below $23.00
Silver (XAG/USD) extends Friday's retracement slide from the mid-$23.00s and continues losing ground through the early part of…
EUR/USD ends NFP Friday near where it started after rejection from 1.1000
The EUR/USD fell to a three-week low on Friday after European inflation rebounded higher in December, with the…
EUR/GBP stretches lower to near 0.8610 on downbeat German Retail Sales data, HICP eyed
EUR/GBP has almost retraced its recent profits, losing ground near 0.8610 during the European session Friday. The Euro…