Aussie Dollar Snubs Poor Retails Sales Data

[ad_1] AUD/USD ANALYSIS & TALKING POINTS Australian retail sales figures show high interest rate environment may be weighing negatively on consumers. US economic data and Fed speakers under the spotlight later today. AUD/USD 200-day MA break could expose long-term trendline resistance once more. Elevate your trading skills and gain a competitive edge. Get your hands

USD Index struggles for direction near 103.00, looks at data, Fedspeak

[ad_1] Share: The index approaches the key 103.00 support. US yields look poised to extend the decline. Consumer Confidence, Fedspeak come next in the docket. The greenback alternates gains with losses near the 103.00 neighbourhood when gauged by the USD Index (DXY) on turnaround Tuesday. USD Index focuses on key data, Fed speakers

A couple of light data releases in Europe as dollar stays vulnerable

[ad_1] The dollar remains in a vulnerable spot once again, with USD/JPY eyeing a potential drop below 148.00 and inching back towards a retest of the October low at 147.27. Meanwhile, the antipodeans are off to a strong start this week with AUD/USD and NZD/USD both climbing above their respective 200-day moving averages in sealing

Light data docket sets up mixed picture ahead of European trading

[ad_1] There isn’t much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the

Asia FX inches lower, dollar steady before swarm of economic data By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this week.  Mixed signals from China weighed on sentiment, as data showed a sustained, albeit narrowing decline in . Top Chinese government officials called on Beijing to unlock

USD/JPY extends the range-bound theme around 149.50 ahead of the US housing data

[ad_1] Share: USD/JPY keeps the range-bound theme unchanged around 149.50 in early Monday. The less hawkish stance from the Federal Reserve (Fed) weighs on the Greenback. Japan’s National Consumer Price Index (CPI) for October rose by 3.3% YoY vs. 3.0% prior. The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s

XAU/USD climbs above $2,000 on the weaker Dollar, focus on the US GDP, PCE data

[ad_1] Share: Gold price hovers around the $2,000 psychological mark on the USD weakness. The private sector in the US continued to grow at a slower pace in early November. US Gross Domestic Product (GDP) and Personal Consumption Expenditure (PCE) inflation figures will be in the spotlight this week. Gold price (XAU/USD) holds