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EU says Trump's reciprocal tariffs are a step in the wrong directionWhat are the main events for today?Eurozone Q4 preliminary GDP +0.1% vs 0.0% q/q expectedGermany January wholesale price index +0.9% vs +0.1% m/m priorSpain January final CPI +2.9% vs +3.0% y/y prelimSwitzerland January producer and import prices +0.1% vs 0.0% m/m priorChina January M2 money supply +7.0% vs +7.2% y/y expectedChina president Xi set to chair symposium with business leaders next week - reportMarkets:
Besides that, there wasn't too much else to scrutinise in terms of movement among major currencies. But from a technical standpoint, there are some key levels in play that could take the dollar down on softer data. That said, even with a stronger retail sales report later, it's hard to see that meaningfully changing the Fed outlook at the moment.
Speaking of winning streaks, gold is also poised to secure yet another winning week on the books. That will also see the precious metal gain in each of the last seven weeks too, with eyes on $3,000 next.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about forexlive european fx news wrap a breather before us retail sales more trump headlines 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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