Tuesday 21st January: Technical Outlook and Review.

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Key risk events today: BoJ Outlook Report and Monetary Policy Statement; BoJ Policy Rate and Press Conference; UK Average Earnings Index 3m/y; UK Claimant Count Change; UK Unemployment Rate; German ZEW Economic Sentiment; Canada Manufacturing Sales m/m. (Italics represents previous analysis and outside sources) EUR/USD: Markets observed soft trade Monday as US banks closed in … Continue reading Tuesday 21st January: Technical Outlook and Review.

Monday 20th January: Weekly Technical Outlook and Review.

IC Markets No Comments

The US dollar continued to flourish against its major G10 peers Friday, crossing last Friday’s pre-NFP high of 97.58 (US dollar index). The greenback caught tailwinds from stronger-than-expected housing starts data, though largely ignored disappointing industrial production, mixed UoM (consumer sentiment) and US Treasury yields fading daily highs of 1.851%.