Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
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.|
The Federal Open Market Committee (a department of the Federal Reserve) will post its statement and an update on the interest rate on January 27 at 21:00 MT time
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The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.