Generative Data Intelligence

Tag: US Retail Sales

New Zealand dollar drifting after soft Manufacuturing PMI, markets brace for soft US retail sales

New Zealand Manufacturing PMI declines in March US retail sales expected to decline in March NZD/USD is trading quietly around the 0.6300 line New Zealand manufacturing...

NZD/USD – US retail sales decline, PPI softens, New Zealand GDP next

The New Zealand dollar is in negative territory on Wednesday, ending a 3-day rally that saw NZD/USD climb 160 points. In the North...

Aussie shaky after soft job data

It has been a busy session for the Australian dollar, which started the day with losses but has recovered. In European trade, AUD/USD...

Mid-Market Update: US stocks drop after impressive retail sales data supports the Fed’s hawkish case for more hikes, January shopping spree, Empire improves, Massive...

US stocks softened after an upside surprise with retail sales supports the idea that the Fed can remain very aggressive with fighting inflation....

Market Insights Podcast (Episode 421)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discussed the Bank of Japan decision, UK inflation,...

Tightening Thursday (ECB & friends), US data/surveys, labor market refuses to break, oil slumps, gold lower on strong dollar, bitcoin follows broader market

US stocks didn’t stand a chance today after digesting a hawkish FOMC decision and a round of data/surveys that support the argument that...

Market Insights Podcast (Episode 366)

Jonny Hart discusses what is driving markets today...

Oil surges post EIA report, gold vulnerable

Oil rises on EIA surplus Crude prices rose after...

Euro soars but Nord Stream could spell trouble

The US dollar remains in correction mode and...

Euro calm in holiday-thin trade

It’s a quiet start to the week for the euro, which is trading just above the 1.14 line in the North American session. The US markets are closed today for Martin Luther King Day, so it’s likely to remain an uneventful day for EUR/USD. There are no tier-1 events on the schedule on Monday, but […]

CAD higher ahead of US retail sales

The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the first time since mid-November. This week’s robust rally by the Canadian dollar is more a case of greenback weakness rather than […]

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