GBP/USD retreats after facing a wall of resistance in 1.2400, slips to 1.2370s
GBP/USD is set to finish Friday with losses of at least 0.20%. United States inflation
EUR/USD holds at around 1.0860s as traders brace for the Fed and ECB’s decisions
The US core PCE, the Fed’s preferred gauge for inflation, edges down, sparking speculations for
S&P 500 Futures, Treasury bond yields depict market’s anxiety ahead of key catalysts
Market sentiment remains divided as traders await BoJ decision, US Retail Sales and PPI. S&P
Optimism and Arbitrum flip Ethereum in combined transaction volume
Ethereum Layer-2 (L2) on-chain activity has been increasing to the extent that the leading two
Calendar picks up pace with US Manufacturing ISM and FOMC Minutes – Societe Generale
Analysts at Societe Generale note that the US Dollar stages a broad retreat early Wednesday
US: JOLTS Job Openings little changed at 10.45 million in November
Job openings in the US declined margianlly in November. US Dollar Index continues to rise
US: ISM Manufacturing PMI declines to 48.4 in December vs. 48.5 expected
US ISM Manufacturing PMI declined modestly in December. US Dollar Index recovers from daily lows,
US: S&P Global Services PMI slumps to 44.4 in December vs. 46.8 expected
S&P Global Services PMI continued to decline in December. US Dollar Index stays in negative
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