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The U.S. retail sales and import and export prices for October have been released at 8:30 am ET Friday. The greenback changed little against its major counterparts after these data. The greenback was trading at 108.70 against the yen, 0.9899 against the franc, 1.2873 against the pound and 1.1034 against the euro around 8:32 am […]

After reporting an unexpected drop in retail sales in the previous month, the Commerce Department released a report on Friday showing U.S. retail sales rose by slightly more than expected in the month of October. The Commerce Department said retail sales climbed by 0.3 percent in October, reversing the 0.3 percent drop in September. Economists […]

Import prices in the U.S. fell by much more than expected in the month of October, according to a report released by the Labor Department on Friday. The Labor Department said import prices slid by 0.5 percent in October after inching up by a revised 0.1 percent in September. Economists had expected import prices to […]

GOLD PRICES OUTLOOK: BULLISH Gold prices could get a boost if the release of the FOMC minutes fuel Fed rate cut bets XAU/USD rise may be amplified if trade war tensions bolster case for additional easing OECD global outlook could spook investors, magnify urgency for accommodative policy Learn how to use political-risk analysis in your […]

Central Bank Watch Overview: The Canadian Dollar has been on a losing streak since the October BOC meeting, when no rates moves were discounted over the next 12-months; now, a 25-bps rate cut is priced-in for April 2020. Weak Chinese industrial production data has hit the Australian Dollar, which has seen RBA rate cut odds […]