US Wholesale (Forex) Inventories up to -0.6% Nov; -0.8% expected FXstreet.com
US Wholesale Inventories up to -0.6% Nov; -0.8% expected
FXstreet.com (Barcelona) For more information, read our latest forex news.
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EU Gross Domestic Product s.a. declines 0.2% in 3Q; 0.6% up year on year
FXstreet.com (Barcelona) For more information, read our latest forex news.
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Mid-Day Report: Dollar Higher after Non-Farm Payroll
Dollar strengthens in early US session after markets showed little reactions to data that showed another month of deep contraction in the US job markets. Non-farm payroll dropped -524k in Dec, just slightly better than expectation of -550k. Nov’s figures was revised down from -533k to -584k. Combined jobless in…
GBP/USD Weekly Outlook
GBP/USD rebounded strongly to as high as 1.5372 last week but after all it’s still staying in range below 1.5722. From a short term angle, an intraday top might be in place at 1.5372 with 4 hours MACD crossed below signal line. Initial outlook is neutral. Below 1.4983 minor support…
Euro Zone retail sales increase in November
FXstreet.com (Barcelona) Retail sales have increased in the Euro Area in November, although the year on year performance remains well into negative territory according to figures by Eurostat.
The total volume of retail trade has increased 0.6% from October to November, against the experts expectations of a 0.1% decline, partially offsetting the 1.0% fall posted in October, revised down from the 0.8% decline previously estimated.
Compared to the same month last year, retail sales remain within somewhat lower levels, in November, the year on year decline has been 1.5%, following a 2.3% year on year fall in October, revised down from the previously estimated 2.1% fall.
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