
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
On Tuesday, the US currency declined versus the Japanese yen as well as Swiss franc because global tensions resumed amid signs more missile tests could be conducted by North Korea.
The greenback slumped 0.4% being worth 109.335 yen, approaching a minimum of 109.220 reached the previous day following a hydrogen bomb test by North Korea on Sunday.
The Swiss franc ascended 0.2% reaching $0.9548 franc per greenback, contributing to revenues from Monday, when it went up 0.7%.
Geopolitical resumed after on Sunday North Korea dared to conduct a mighty nuclear test. In general, the region has remained quite nervous, getting ready for more North Korean missile tests amid evident signs of activity by Pyongyang ahead of September 9, when the isolated nation marks its founding day.
The isolated country has been caught moving what might be another intercontinental ballistic missile towards its west coast. That’s what South Korea's Asia Business Daily informed on Tuesday, referring to an unidentified intelligence source.
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Now traders follow the economic events with new vision as inflation in the US seems like decreasing. Let’s see what releases will influence the market due to that factor.
The week will have the biggest event in the US political process over the last two years. How will the elections affect the Forex market? We covered the most important news of this week in this report.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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