Friday January 13, 2017 - 09:30:47 GMT
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Forex Trading Ideas For Friday 13 January 2017
Forex Trading Ideas for 12 Jan 2017
WEEKLY HIGH IMPACT NEWS:
13:30 US- Retail Sales
13:30 US- PPI
15:00 US- preliminary University of Michigan
- Today sees the top U.S. item of the week, December retail sales data. This should provide more indight into the holiday season. The retail sector is the main driver of the U.S. economy.
- On Monday, U.S. markets will be closed for the Martin Luther King Holiday, so U.S. traders are facing a long weekend. President-elect Trump will be inaugurated as President one week from today, on January 20.
- The USD is mixed to weaker today, as disappointment over the Trump press conference on Wednesday lingers. It will take a strong performance by U.S. equity markets and higher bond yields to give the USD a boost.
John M. Bland, MBA
CURRENT CONDITIONS: Mixed Risk Profile
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