Today, we will take a look at some USD-crosses as the greenback makes a rebound, we will be looking at the US Dollar Index, EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, gold(XAU/USD) and silver(XAG/USD).
Today’s session featured some very good reports from the US including a better than expected drop in weekly jobless claims – undoing some of the anxiety from last week’s poor report – as well as a surge in existing homes in December.
The US leading indicators came in 1.0%; better than the forecasted 0.6% but lower than a prior reading of 1.1% while that the Philadelphia Fed for January plunged to 19.3; worse than the projected 20.8 and the prior revised reading of 20.8 from 24.3.
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