USD/CAD eases towards 1.3600 amid steady oil, pullback in US Dollar ahead of PMIs
USD/CAD consolidates the biggest daily gains in three weeks. Global markets stabilize after a volatile
USD/INR Price News: Indian Rupee bears again retreat from 83.00 amid mixed markets
USD/INR reverses from the highest levels in six months, snaps two-day winning streak. US Dollar
NZD/USD snaps two-day downtrend below 0.6400 on softer US Dollar, focus on PMIs
NZD/USD picks up bids to pare the first weekly loss in nine. US Dollar fails
Asian Stock Market: Volatility seems solid after hawkish Western central banks’ policy, oil juggles
Nikkei225 is facing immense heat on gloomy global outlook post interest rate hikes by Western
Gold Price Forecast: XAU/USD tends to perform well during recessions – ANZ
Gold prices tend to come under pressure ahead of recessions, but then outperform other markets
EUR/USD to move lower in 2023 as Fed to push rates above 5% next year – Danske Bank
The US Federal Reserve hiked the Federal Funds Rate by 50 bps as widely anticipated.
China’s November Retail Sales slump 5.9%, Industrial Output rises 2.2%
China’s November Retail Sales YoY, slumped 5.9% vs. 3.6% expected and -0.5% previous while the country’s Industrial
US: November’s retail sales report was ugly – Wells Fargo
Data released on Thursday showed a larger-than-expected decline in retail sales during November. Analysts at
Fed signals a more hawkish outlook – BBVA
As expected, on Wednesday, the Federal Reserve raised the Fed Funds rate by 50 basis
US: Weekly Initial Jobless Claims decline to 211K vs. 230K expected
Initial Jobless Claims in the US decreased by 20,000 in the week ending December 10.