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EUR/USD Current Price: 1.2107 Germany and the US will publish updates on January inflation this Wednesday. US Treasury yields edge lower, dragging the ...
AUD/USD Current Price: 0.7700 Easing demand for the greenback and rising equities boosted AUD/USD. Australian NAB’s Business Confidence is foreseen at ...
Share: European Retail Sales beat expectations in December, rising by 2.0% in the month. US employment-related data was mostly encouraging ahead of the NFP report. EUR/USD could fall to 1.1885, the 61.8% retracement of the November/January rally. The EUR/USD pair lost the 1.2000 level, falling to a fresh 2021 low of 1.1957. The pair is down for a fourth consecutive day as investors continue to buy the greenback on hopes for a new US stimulus package. Resurgent Treasury yields are a sign of the better mood, on the rise ever since the week started. Encouraging data came from both shores of the...
Share: RBA´s Governor Lowe to testify before the House of Representatives Standing Committee on Economics. Australian Trade surplus jumped to 6.785M in December as imports fell. AUD/USD under mild-pressure, firmer equities limit declines. The AUD/USD pair is posting a modest daily decline, trading just below the 0.7600 level ahead of the Asian opening. The pair was trapped between the persistent greenback’s demand and solid Wall Street gains, these last limiting the downside. Australia published the December Trade Balance at the beginning of the day, which posted a surplus of 6.785M, bette...
Share: Progress in US stimulus talks boosted equities and the greenback. The EU preliminary estimate of Q4 GDP came in at -0.7%, better than the -1.2% expected. EUR/USD is trading at fresh yearly lows without signs of bearish exhaustion. The EUR/USD pair plunged to 1.2011, its lowest for this 2021, as the dollar kept rallying alongside Wall Street, on progress related to the next US stimulus package. Optimism mounted as initial talks between US President Joe Biden and Republican senators were productive, according to Senator Susan Collins. Nevertheless, there’s a huge difference between Bi...