Increased inflation slows Australian retail sales
EUR/USD 🔽
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
BTC 🔽
ETH 🔽
After 11 consecutive months of rises, Australian retail sales in December decreased by 3.9% on the month, against Mitrade's estimates of -0.4%. It was likely caused by the unexpected rise in the inflation rate, which in turn sent AUD/USD losing 44 pips to 0.7059.
The greenback strengthened against other major currencies. USD/CAD added 75 pips to 1.3384, and USD/JPY rose 59 pips to 130.44. EUR/USD declined 23 pips to 1.0844, and GBP/USD lost 45 pips to 1.2352.
A stronger dollar pushed spot gold down to $1,923.2 an ounce. Strong global oil supply saw WTI oil futures slow to $77.9 a barrel. Bitcoin is currently trading lower at $22,812.0, and Ethereum slipped to $1,567.12.
All major US indices suffered notable losses yesterday, with the Nasdaq 100 plunging 254 points (-2.09%) to 11,912. The S&P 500 slid 52 points (-1.29%) to 4,017, and the Dow Jones Industrial Average fell 260 points (-0.77%) to 33,717.
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
BTC 🔽
ETH 🔽
After 11 consecutive months of rises, Australian retail sales in December decreased by 3.9% on the month, against Mitrade's estimates of -0.4%. It was likely caused by the unexpected rise in the inflation rate, which in turn sent AUD/USD losing 44 pips to 0.7059.
The greenback strengthened against other major currencies. USD/CAD added 75 pips to 1.3384, and USD/JPY rose 59 pips to 130.44. EUR/USD declined 23 pips to 1.0844, and GBP/USD lost 45 pips to 1.2352.
A stronger dollar pushed spot gold down to $1,923.2 an ounce. Strong global oil supply saw WTI oil futures slow to $77.9 a barrel. Bitcoin is currently trading lower at $22,812.0, and Ethereum slipped to $1,567.12.
All major US indices suffered notable losses yesterday, with the Nasdaq 100 plunging 254 points (-2.09%) to 11,912. The S&P 500 slid 52 points (-1.29%) to 4,017, and the Dow Jones Industrial Average fell 260 points (-0.77%) to 33,717.