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The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 141.75, up 0.27%. The US dollar has taken a tumble in recent weeks against most of the major currencies, including the yen.

29-12-2023 06:34 GMT by Kenneth Fisher

New Zealand dollar under pressure, Chinese PMIs next

Chicago PMI expected to decelerate China releases PMIs on Saturday The New Zealand dollar is in negative territory on Friday. In the European session, NZD/USD is trading at 0.6308, down 0.37%. The US dollar has hit a rough patch lately and retreated against most of the majors.

29-12-2023 05:22 GMT by Kenneth Fisher

EUR/USD steady as Spanish CPI lower than expected

Spanish CPI lower than expected at 3.1% Chicago PMI expected to decelerate to 51.0 The euro is calm in Friday trade. In the European session, EUR/USD is trading at 1.1053, down 0.08%. Spanish CPI dips to 3.1% Spain released the December inflation report today, with CPI dipping to 3.1% y/y, down from 3.2% in November.

29-12-2023 04:16 GMT by Kenneth Fisher

Euro edges lower ahead of Spanish CPI

Thursday: US unemployment claims rise unexpectedly Friday: Spanish CPI projected to accelerate The euro has edged lower on Thursday. In the North American session, EUR/USD is trading at 1.1079, down 0.25%.

28-12-2023 11:33 GMT by Kenneth Fisher

AUD/USD eyes Chinese PMIs

China releases PMIs on Saturday The Australian dollar has edged lower on Thursday. In the European session, AUD/USD is trading at 0.6833, down 0.21%.

28-12-2023 07:13 GMT by Kenneth Fisher

Japanese yen keeps on rolling

Japanese retail sales climb but industrial production declines Japanese yen rises sharply The Japanese yen has posted sharp gains on Thursday. In the European session, USD/JPY is trading at 140.66, down 0.82%. Japanese retail sales beat forecast Japanese releases were a mixed bag today.

28-12-2023 05:20 GMT by Kenneth Fisher

Euro jumps to 5-month high

Euro climbs sharply as risk appetite rises US Richmond Manufacturing Index falls The euro has posted strong gains on Wednesday. In the North American session, EUR/USD is trading at 1.1121, up 0.72%. Euro climbs on risk-on mood The US dollar is under pressure this week as we're seeing a risk-on mood in global markets.

27-12-2023 11:38 GMT by Kenneth Fisher

Swiss franc hits 9-year high

The Swiss franc is slightly lower in Wednesday trade. In the North American session, USD/CHF is trading at 0.8509, down 0.31%. The Swiss franc continues to power higher and has climbed 2.5% against the slumping US dollar in the month of December.

27-12-2023 09:07 GMT by Kenneth Fisher

USD/JPY steady, BoJ releases summary of opinions

BoJ Summary of Opinion highlights split over shift in policy The Japanese yen continues to have a quiet week. In the European session, USD/JPY is trading at 142.54, up 0.12%. The Bank of Japan's summary of opinions from the December meeting was released earlier today.

27-12-2023 04:53 GMT by Kenneth Fisher

British pound calm in holiday-thin markets

The British pound is almost unchanged on Tuesday. In the European session, GBP/USD is trading at 1.2709, up 0.11%.

26-12-2023 10:35 GMT by Kenneth Fisher

Canadian dollar posts another strong week

Canadian GDP remains flat for a second straight month US PCE Price Index eases The Canadian dollar is showing limited movement on Tuesday. In the European session, USD/CAD is trading at 1.3248, down 0.14%.

26-12-2023 06:43 GMT by Kenneth Fisher

USD/JPY yawns after BoJ CPI slips

BOJ Core CPI falls to 2.5% BoJ's Ueda hints at possible shift in policy The Japanese yen is showing little movement on Tuesday. In the European session, USD/JPY is trading at 142.39, down 0.04%. BoJ Core CPI drops more than anticipated Japanese inflation indicators have been heading lower.

26-12-2023 05:08 GMT by Kenneth Fisher

Yen steady as Japanese inflation dips

Japanese core inflation falls to 2.5%, as expected US to release PCE Price Index on Friday The Japanese yen is showing little movement on Friday. In the European session, USD/JPY is trading at 142.03, down 0.06%. Japanese core inflation eases to 2.5% Japan's Core CPI, which excludes fresh food but includes fuel costs, dropped to 2.5% in November, matching the consensus estimate.

22-12-2023 07:20 GMT by Kenneth Fisher

Canadian dollar powers higher, GDP next

Friday's economic releases: Canadian GDP US PCE Price Core Index The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.3276, down 0.05%.

22-12-2023 05:15 GMT by Kenneth Fisher

GBP/USD shrugs after mixed UK data

UK retail sales jump 1.3%, GDP contracts by 0.1% US to release PCE Price Index on Friday The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%. UK retail sales rebound but GDP contracts UK retail sales jumped 1.3% in November m/m, bouncing back from 0% in October and beating the consensus estimate of 0.4%.

22-12-2023 04:13 GMT by Kenneth Fisher

Market Insights Podcast - Record highs, US data, OPEC unity, year ahead

OANDA Senior Market Analyst Craig Erlam joined Jonny Hart and Trader Nick to discuss the recent moves in the markets, US economic data, Angola's decision to leave OPEC, and what it means for oil, and preview the year to come in 2024.

21-12-2023 20:37 GMT by Craig Erlam

British pound stabilizes, retail sales next

US GDP revised downwards to 4.9% UK to release retail sales and GDP on Friday The British pound has gained ground on Thursday. In the North American session, GBP/USD is trading at 1.2659, up 0.15%.

21-12-2023 10:32 GMT by Kenneth Fisher

USD/JPY eyes inflation, BoJ minutes

Japan's core inflation expected to slow to 2.5% US GDP expected to confirm estimate of 5.2% The Japanese yen is in positive territory on Thursday. In the European session, USD/JPY is trading at 142.85, down 0.61%.

21-12-2023 06:56 GMT by Kenneth Fisher

Canadian dollar edges higher ahead of retail sales

Canada to release retail sales today, GDP on Friday US GDP expected to confirm estimate 5.2% gain The Canadian dollar is slightly higher on Thursday. In the European session, USD/CAD is trading at 1.3324, down 0.19%. Canadian retail sales, GDP expected to improve It's a busy end of the week for Canadian releases, with retail sales today and the GDP on Friday.

21-12-2023 04:20 GMT by Kenneth Fisher

Nasdaq 100 Technical: Potential start of minor corrective decline

Bearish reversal candlestick formed yesterday, its steepest daily loss since 27 October 2023. Odds now have skewed towards a potential minor corrective decline sequence within a medium-term uptrend phase. Watch the 16,800 key short-term resistance. This is a follow-up analysis of our prior report, “Nasdaq 100: It’s all about liquidity to maintain current bullish momentum” published on 13 December 2023. Click here for a recap. The price actions of the US Nas 100 Index (a proxy for the Nasdaq 10

21-12-2023 00:48 GMT by Kelvin Wong

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