South Africa Retail Sales (YoY): -0.9% (November) vs -2.5%

Jan 17, 2024

EUR/JPY discovers resistance near 161.00 as ECB Lagarde sees rate cuts in summer

The EUR/JPY pair has found an intermediate resistance near 161.00 in the European session.

AUD/USD is at a key support area above 0.6500 with US Retail Sales, Fed speakers on tap

The Aussie is under increasing bearish pressure amid the unfavorable risk environment Hawkish Fed rhetoric is prompting investors to reassess Fed easing expectations and boosting the US Dollar.