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.
US: Retail Sales decline by 0.6% in November vs. -0.1% expected
Retail Sales in the US fell at a stronger pace than expected in November. US
USD/JPY Price Analysis: Bounces off immediate support to pare intraday losses above 137.00
USD/JPY recovers from intraday low, bounces off three-day-old support line. Bearish MACD signals, one-week-old ascending