Optimism faded, gold surged
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Australian retail sales
| Do you trade during the Asian session? Then the release of Australian retail sales for November at 02:30 MT time on January 11 will represent an excellent trading opportunity for you. |
| The indicator fell in September before rebounding in October. A strong reading will increase demand for the AUD. At the same time, if the market gets disappointed, Australian currency will suffer. |
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Busy day ahead! Get ready with us!
The ECB statement and US unemployment claims will be out today. How the market will react?
Risk-on is back
The focus of traders’ attention shifted from concerns about the virus resurgence to hopes for a US stimulus package. As a result, the market sentiment improved, driving riskier currencies and stocks to the upside.
Latest news
USD starts the week with gains
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
ECB report is in focus
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Markets await Biden to unveil "trillions dollars"
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
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