Americas Roundup.

[Juhyun Kim]

Dollar falls as weak U.S. data suggests gradual rate hike view, gold retreats from 12-week high-January 29th, 2016

Market Roundup

• US Mfg weakening as job market firms, Durable goods orders tumble 5.1% in Dec, core capital goods orders fall 4.3%.
  
  
• US jobless claims fell in latest week, 278k vs 282k forecast, 4-wk avg 283k.
  
  
• US December pending home sales rise 0.1% vs -1.1% in Nov, misses forecast -0.8%.
  
  
• UST yields rise as oil gains seen increasing inflation.

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[profitforex1]

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[sharcade]

No worries about gold, it will boom again post reaching the highest in last 1 year, but we need to worry about the forex market. With USD getting hurt and economy unstability plus yuan rise will make it difficult for US to be at the top.