Following a disastrous week for the US dollar, investors will be eagerly waiting for retail sales data to provide a helping hand to the currency on Tuesday. Gold will be closely watched for the same reason as a weakening dollar has been great for the precious metal lately. Meanwhile in the UK, CPI inflation figures could next challenge the rocket rally in the pound on Wednesday.
0:00 Intro 0:27 USDJPY 3:10 Gold 5:16 GBPUSD
For more information on the topics discussed in this video, including detailed charts and tables, read the full Technical Analysis article:
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Following a disastrous week for the US dollar, investors will be eagerly waiting for retail sales data to provide a helping hand to the currency on Tuesday. Gold will be closely watched for the same reason as a weakening dollar has been great for the precious metal lately. Meanwhile in the UK, CPI inflation figures could next challenge the rocket rally in the pound on Wednesday.
0:00 Intro
0:27 USDJPY
3:10 Gold
5:16 GBPUSD
For more information on the topics discussed in this video, including detailed charts and tables, read the full Technical Analysis article:
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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