Weekly forex data: focus on inflation
Shares generally retreated in early trading today while oil moved up. Traders’ eyes are on American inflation this week and how cable, XAUUSD and BTCUSD might react.
Shares generally retreated in early trading today while oil moved up. Traders’ eyes are on American inflation this week and how cable, XAUUSD and BTCUSD might react.
The new strain of covid spreading in south-east England has made many European markets nervous in the runup to Christmas. This final preview of 2020 looks at cable, Brent and euro-yen.
The pound has been somewhat volatile today after lacklustre job data this morning as trade negotiations continue into the end of the year. This TA covers GBPJPY H4.
The pound has been unstable in many of its pairs this week amid ongoing trade talks. Today’s TA looks at the four-hour chart of cable (GBPUSD).
‘Risk on’ continues so far this week with improving demand around the world shown from record Chinese exports. Here’s a look ahead to data affecting AUDJPY and others this week.
Sentiment continues to be generally positive so far this week with various Asian and European shares posting gains after good Chinese data. Data this week centre on inflation and core inflation.
The pound’s gains against the dollar have continued over the last few days. This analysis of daily cable was requested by EdiSon Miranda Monzón: thank you!
Joe Biden’s win in last week’s American presidential election has been very positive for shares and emerging currencies. This preview looks at claimant count change and other key releases this week.
Shares have generally started the week positively after data revealed China’s economic recovery from the pandemic. Earnings of major corporations are key this week.
Good data on retail sales this morning from the eurozone gave the euro and most European shares a boost. Markets look ahead to trade data around the world this week.