Dollar holds slightly firmer, risk a little more defensive on the session 0 (0)

The slight hints of risk aversion are still at play for now
That is keeping the likes of the dollar, franc and yen in particular bid during European morning trade. USD/JPY is now retreating to fresh session lows of 103.62 now as the retreat following a test of key trendline resistance levels continues to play out:

Go to Forexlive

Gold continues to hang on at the 200-day moving average, what’s next? 0 (0)

Gold will continue to track real yields for the time being
Precious metals got a slight boost from Fed chair Powell yesterday, after he said that the central bank is not looking to ease policy any time soon – not until troubling signs of inflation begin to surface at least, which is a long ways to

Go to Forexlive

Eurozone November trade balance €25.1 billion vs €22.0 billion expected 0 (0)

Latest data released by Eurostat – 15 January 2021
– €25.9 billion; revised to €25.2 billion
On the month, exports grew by 2.0% while imports grew by 2.3%, leading to the marginally tighter trade surplus in November. Overall, trade conditions are still gradually picking up towards the end of last year so that is a positive

Go to Forexlive

France toughens coronavirus testing rules for non-EU travellers 0 (0)

The new rules will come into force on 18 January
Reuters reports, citing a French government document showing that non-EU travellers will not be able to use antigen tests for the coronavirus – one that can deliver results in minutes – to get into the country upon testing negative.

Go to Forexlive