Dollar keeps more mixed on the session thus farAUD/USD erases post-CPI advance as sellers wrestle back some near-term controlWhat are the main events for today?Germany December final CPI +2.6% vs +2.6% y/ prelimItaly December final CPI +1.3% vs +1.4% y/y prelimUK November monthly GDP +0.1% vs +0.2% m/m expectedChina reportedly eyes unwanted Volkswagen factories to gain foothold in German marketChina to initiate anti-dumping probe into US subsidies in its chip industry
Markets:
JPY leads, AUD lags on the dayEuropean equities higher; S&P 500 futures up 0.1%US 10-year yields up 2.7 bps to 4.679%Gold up 0.3% to $2,702.83WTI crude down 0.5% to $80.04Bitcoin down 0.5% to $99,212The dollar is keeping more mixed as it is trading higher against the rest of the major currencies bloc but lower only against the yen.
The greenback in general is not too much hurt outside of the yen on the inflation numbers. EUR/USD continues to keep under 1.0300 with GBP/USD down again to test waters below 1.2200. Meanwhile, USD/CAD is up 0.3% to 1.4385 and AUD/USD down 0.5% to just under the 0.6200 level on the day.
As for commodities, gold continues to stay underpinned this month as it now runs up to a test of the $2,700 mark. The precious metal continues to stay hot to start the new year and is already nearly up 3% in January so far.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about forexlive european fx news wrap dollar mixed ahead of more us data to come was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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