Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY slides after US Retail Sales fall 0.9%
The January US retail sales report has just been released. The markets were expecting a fall last month of 0.1, or perhaps 0.2%, compared to a rise of 0.4% in December. The actual figure is a fall of 0.9%. All the component parts have also missed. Just ahead of this data, both the EUR/USD and the GBP/USD had pushed back up, very close to session highs and clearly looking for a lower sales number. At the same time the USD/JPY was holding its ground around, or just above the 200 day moving average level (152.73). The impact of this data has sent the USD/JPY abruptly lower, falling immediately below 152.30
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
