News & Updates

US RETAIL SALES TURN LOWER IN OCTOBER US retail sales (MoM) -0.1% vs -0.3% est. (prior revised higher to 0.9%) US dollar and Treasury yields recovered some lost ground after the release US retail sales broke its run of six consecutive positive prints in October,...

GOLD (XAU/USD) ANALYSIS, PRICES, AND CHARTS The US inflation report is the next driver for gold’s price action. The 200-day simple moving average provides short-term support. The latest US inflation report was released at 13:30 GMT today and is expected to show y/y...

The Greenback adds a third straight day of gains in its recovery attempt. Traders will be looking for clues and guidance from Fed Chairman Powell. The US Dollar Index is still in the 105-region, with still more room to the upside to recover from last week's...

Markets turn dovish on rates after Powell’s dot plot comments Bank of England maintains a hawkish posture but worrying growth, and employment data could test its resolve sooner than expected GBP/USD buoyed by dollar decline – meets immediate resistance via 200 SMA...

US NFP DATA FOR OCTOBER NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop...