{"id":163451,"date":"2020-01-17T08:20:07","date_gmt":"2020-01-17T13:20:07","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163451"},"modified":"2020-01-17T07:28:17","modified_gmt":"2020-01-17T12:28:17","slug":"the-us-dollar-is-in-the-positive-zone-after-the-publication-of-statistics","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/the-us-dollar-is-in-the-positive-zone-after-the-publication-of-statistics\/","title":{"rendered":"The US Dollar Is in the Positive Zone After the Publication of Statistics"},"content":{"rendered":"
January 17, 2020<\/div>
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by JustForex<\/a><\/strong><\/p>\n

The US currency strengthened against a basket of major currencies. The dollar index (#DX) closed yesterday in the green zone (+0.11%). Optimistic data on the US economy were published yesterday, which supported the greenback. Thus, core retail sales grew by 0.7% in December, while experts expected growth only by 0.5%. Philadelphia Fed manufacturing index counted to 17.0 in January instead of 3.8. Retail sales rose by 0.3% in December, which met experts’ expectations.<\/p>\n

Today, during the Asian trading session, optimistic economic data from China have been published. So, GDP (YoY) in the 4th quarter counted to 6.0%, which met the forecasts. Industrial production (YoY) grew by 6.9% in December instead of the forecasted growth by 5.9%.<\/p>\n

The “black gold” prices are rising. Currently, futures for the WTI crude oil are testing the $58.60 mark per barrel. At 20:00 (GMT+2:00), U.S. Baker Hughes Total Rig Count will be published.<\/p>\n

Market Indicators<\/h2>\n

Yesterday, there were purchases in the US stock market: #SPY (+0.83%), #DIA (+0.89%), #QQQ (+0.96%).<\/p>\n

The 10-year US government bonds yield has risen slightly. At the moment, the indicator is at the level of 1.81-1.82%.<\/p>

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The Economic News Feed for 17.01.2020:<\/div>\n