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EUR/USD quickly moves above the 1.1100 mark. German Economic Sentiment improves to 26.7 in January. Attention now shifts to Trump’s speech in Davos. A sudden boost of buying interest pushed [...]

EUR/USD advances to 2-week highs in the 1.1070 region EUR/USD gains an extra pace of around 1.1070 on Monday. The greenback remains on the defensive below 98.00. ECB’s Lagarde, advanced PMIs next [...]

Gold slides to 3-day low, around $1460 region Renewed US-China trade optimism weighed on the commodity’s safe-haven status. A sudden pickup in the US bond yields further collaborated to the [...]

USD/CAD reverses an early dip, back near mid-1.3200s Rallying US bond yields underpinned the USD and helped bounce off lows. A pullback in oil prices weighed on the Loonie and remained [...]

Germany: Economy avoided a technical recession – Deutsche Bank Deutsche Bank analysts note that the German economy avoided a technical recession in Q3, with an unexpectedly positive +0.1% GDP [...]

UK retail sales drop 0.1% MoM in October vs. +0.2% expected, GBP eases from tops The UK retail sales declined by 0.1% MoM in October. The core retail sales fell 0.3% MoM during the reported [...]

China: Growth underwhelms expectations on seasonal effects – Standard Chartered Analysts at Standard Chartered points out that China’s October growth data underwhelmed market expectations with [...]

German economy ministry: Growth remains weak in Q3 and indicators do not signal a recovery Following the release of the Q3 GDP report, the German economy ministry was out with some comments in [...]

Gold and Crude Oil: WTI stays weak near $56.00 Prices of WTI recede further and challenge the $56.00 mark. The API will publish its report later today. US CPI, Powell, trade drive global [...]

Selling pressure looks alleviated in GBP/USD – UOB In the opinion of FX Strategists at UOB Group, Cable’s downside looks mitigated and it should trade within a sideline theme instead in the next [...]