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Greenback mixed on global uncertainties - FXStreet

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the American dollar closed the day mixed as once again, Chinese stocks' slump on poor local data spurred uncertainty among investors and led to another journey of losses, worldwide.

    Key Quotes:

    "China’s CPI remained muted while factory-gate prices fell more than forecast, extending its decline to a record 46 months by falling by 5.9% in November.

    The macroeconomic calendar was quite light, as Europe only released the Sentix investors confidence index for January down to 9.6 from the previous 15.7, while in the US, labor market conditions improved in December according to official data, and in line with the strong jobs' report released last Friday."
    For more information, read our latest forex news.
     

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