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Market Awaits US GDP Publication

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The dollar index on Friday is sticking to 99.07. The USD has been strengthening throughout the market, especially against the JPY, after the Bank of Japan decided to introduce negative interest rates. Following this, market attention switched to European statistics. German retail sales in December fell 0.2% MoM and 1.5% YoY after a previous growth of 0.4% MoM and 2.4% YoY in November (reassessed up from 0.2% and 2.3% with a forecasted 0.2%). Inflation in the Eurozone is up in January. The CPI

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