Update Time: 16 Oct 2020 09:30GMT
USD/JPY - 105.23
Despite dollar's rebound from Wednesday's 105.04 low to 105.49 in New York yesterday, subsequent retreat and intra-day weakness to 105.20 in Asia suggests recovery has possibly ended and below 105.04 would extend decline from October's 106.10 high to 104.50/55 before prospect of another bounce.
On the upside, only above 105.62 would risk stronger gain to 105.82.
Data to be released later
Italy CPI, CPI (EU norm), trade balance, EU trade balance, HICP, core HICP.
U.S. retail sales ex-autos, retail sales, industrial production, capacity utilization, manufacturing output, business inventories, University of Michigan sentiment index, and Canada manufacturing sales
Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.