Morning Briefing 13 Januray 2023

DCFX · 13 Jan 2023 20K Views
Asia-Pacific stocks were mixed, after the US consumer price index showed inflation eased in December.
US index futures were flat, with investors anticipating the start of major bank earnings reports.
Gold prices hovered around $1,900 after data showed cooling inflation in the US, fueling hopes for a slower rate hike from the Fed.

Calendar:





EURUSD — The euro hit its highest in more than 8 months with the dollar tumbling after data showed US inflation eased.
Trend:↑
Support:1.0800
Resistance:1.1000



GBPUSD — Sterling hit its highest level in 4 weeks by a sharp drop in the US dollar after the US inflation data.
Trend:↑
Support:1.2160
Resistance:1.2300



AUDUSD — The Aussie dollar hit its highest level in 4.5 months against the dollar supported by a series of strong economic data as well as the US dollar which fell sharply after inflation data.
Trend:↑
Support:0.6920
Resistance:0.7035



USDJPY —The Japanese yen strengthened to its highest level in 7.5 months against the US dollar after data showed US inflation eased.
Trend:↓
Support:128.00
Resistance:130.00






XAUUSD — Gold prices hovered around $1,900 after data showed inflation cooling in the US, fueling hopes for a slower rate hike from the Fed.
Trend:↑
Support:1880.00
Resistance:1915.00






Crude Oil (WTI) — Oil prices rose, supported by the soft December US inflation data and optimism over China's demand outlook.
Trend:→
Support:76.00
Resistance:81.00




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