United States Baker Hughes US Oil Rig Count climbed from previous 401 to 411


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EUR/USD retreats to 1.1350 on firmer yields, ECB Minutes eyed

EUR/USD is trading around 1.1350, paring back gains amid a rebound in the US dollar. The data published by Eurostat showed on Thursday that the annual CPI in the euro area was 5% in December, matching the market expectation and the flash estimate. Investors await ECB's December Meeting Accounts and mid-tier US data.

EUR/USD News

GBP/USD consolidates below 1.3650 as US dollar tracks yields higher

GBP/USD is consolidating gains below 1.3650, as firmer Treasury yields fuel a rebound in the US dollar across the board. Looming UK political and Brexit uncertainties limit the pair's upside. Hotter inflation in Britain keeps the BOE rate hike expectations intact. 

GBP/USD News

Gold keeps its sight on $1,850 bullish target

Gold price has stalled its upsurge, consolidating below two-month highs of $1,844 amid firmer yields. China’s policy easing driven risk-on mood also limits gold’s gains. Although decade-high inflation rates globally have gold bulls covered. 

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Dogecoin price eyes 30% gains as DOGE bulls put an end to retracement

DOGE price has seen three major uptrends face blockade around the same hurdle. The most recent rally failed to breach this barrier, leading to a steep correction. 

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Tesla: More than just an EV car company?

Tesla is most well known for its electric cars. However, Elon Musk has long claimed that Tesla is more than just a car company. Tesla wants to become a key supplier of energy storage. 

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