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  • U.S. retail sales fall again in December

    From reuters.com

    U.S. retail sales declined further in December as renewed measures to slow the spread of COVID-19 undercut spending at restaurants and reduced traffic to shopping malls, the latest sign the economy lost considerable speed at the end of 2020. Retail sales dropped 0.7% last month, the Commerce Department said on Friday. Data for November was revised down to show sales declining 1.4% instead of 1.1% as previously reported. Economists polled by Reuters had forecast retail sales unchanged in December. Excluding automobiles, gasoline, building materials and food services, retail sales tumbled 1.9% last month after a ... (full story)

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  • Post #1
  • Quote
  • Jan 15, 2021 8:56am Jan 15, 2021 8:56am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,173 Comments
GBP/USD south has been slow moving, yawning.........
 
1
  • Post #2
  • Quote
  • Jan 15, 2021 8:57am Jan 15, 2021 8:57am
  •  RedCable
  • | Joined May 2020 | Status: Member | 27 Comments
crap data but still $ flying !!
 
 
  • Post #3
  • Quote
  • Jan 15, 2021 8:59am Jan 15, 2021 8:59am
  •  iefx
  • | Joined Dec 2020 | Status: Member | 102 Comments
Dman manipulation! Bad data, stimulus announced, USD strengthen, vaccines not fully ready yet. Wth?!
 
1
  • Post #4
  • Quote
  • Jan 15, 2021 9:27am Jan 15, 2021 9:27am
  •  ABrokeTrader
  • | Membership Revoked | Joined May 2016 | 104 Comments
For every bad data the $ will go higher because people exit from shares to the liquidity and buy USD.
It is about liquidity supply.
But when they will be obliged to provide money to help people ... the USD will go down like a rock.
After Trump quite the White House I think that it will drop.
 
 
  • Post #5
  • Quote
  • Jan 15, 2021 11:28am Jan 15, 2021 11:28am
  •  Blessed-man
  • | Joined Apr 2016 | Status: Member | 381 Comments | Online Now
Quoting ABrokeTrader
Disliked
For every bad data the $ will go higher because people exit from shares to the liquidity and buy USD. It is about liquidity supply. But when they will be obliged to provide money to help people ... the USD will go down like a rock. After Trump quite the White House I think that it will drop.
Ignored
Almost everything is at either all time high or several months high.

It needs a breather to continue another day
 
 
  • Post #6
  • Quote
  • Jan 15, 2021 1:34pm Jan 15, 2021 1:34pm
  •  YoungKing
  • | Commercial Member | Joined Mar 2019 | 139 Comments
DXY $ - Sell Again & Again, Many Fail News, Now Start TO Up Trend
 
 
  • Post #7
  • Quote
  • Jan 15, 2021 3:33pm Jan 15, 2021 3:33pm
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2,401 Comments
Quoting iefx
Disliked
Dman manipulation! Bad data, stimulus announced, USD strengthen, vaccines not fully ready yet. Wth?!
Ignored
First - Stop with the manipulation talk.

Second - this is an example of buy the rumor and sell the fact. IF you last long enough in the Forex market you will understand.
 
 
  • Post #8
  • Quote
  • Jan 15, 2021 4:41pm Jan 15, 2021 4:41pm
  •  Guest
  • | IP XX.XXX.237.98
Hey fx sports I hope you are well I found it interesting that you say buy the rumour and sell the facts please could you give me an example of a rumour in this scenario specifically? I have followed EUR/USD the entire day but it seems that it was a sell throughout the day? I am looking for friends that could help me learn for free what ever you can give I will be grateful. I dont have anyone to learn with or from I study as much as I can on my own but would be helpful if we could chat from time to time if you have time? How does one person decide which pairs would best suit the news its been a few times that I watched the news and preformace does not match but when you say buy the rumors sell the facts seems to make sense as I have seen that example of selling the facts a few times with respect to EUR/USD
 
 
  • Post #9
  • Quote
  • Jan 15, 2021 8:24pm Jan 15, 2021 8:24pm
  •  iefx
  • | Joined Dec 2020 | Status: Member | 102 Comments
Quoting fxsport
Disliked
{quote} First - Stop with the manipulation talk. Second - this is an example of buy the rumor and sell the fact. IF you last long enough in the Forex market you will understand.
Ignored
I don't mind. Whatever it is, it's still too premature to long USD (I'm trading EU and Gold). Trend reversal is not simple as abc. A little down move doesn't mean trend just changed (at least double top/bottom at certain level) Just lets see what'll happen later.

However, thanks for your reminder man. Have a good weekend!
 
 
  •  Guest
  • | IP XXX.XX.115.215
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  • Story Stats
  • Posted: Jan 15, 2021 8:40am
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 9  /  Views: 3,170
  • Linked events:
    USD Retail Sales m/m
    USD Core Retail Sales m/m
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