EURUSD: Cautious Optimism Ahead of PPI
EURUSD retreats after two days of gains, but cautious optimism remains. The US Dollar (USD) finds support in yields and jobless claims, but weak retail sales hold it back.

Events:

4:30 PM CET: USD - Producer Price Index (PPI)
Trading Recommendation:

Trade within a tight range of 1.0740-1.0790
#EURUSD #Forex #FundamentalAnalysis

GBPUSD: Pound Struggles for 1.2600
GBPUSD fails to break above 1.2600. Weak UK data (GBP) on GDP and inflation holds back gains, while the USD finds support in yields.

Events:

10:00 AM CET: GBP - Retail Sales MoM
4:30 PM CET: USD - Producer Price Index (PPI)
Trading Recommendation:

Trade predominantly Buy from current levels
#GBPUSD #Forex #FundamentalAnalysis

USDJPY: Yen Loses Ground, but Verbal Intervention Possible
USDJPY recovers above 150.00, but JPY finds support in verbal intervention from Japanese authorities. Weak US retail sales data (USD) might put pressure on USDJPY.

Events:

4:30 PM CET: USD - Producer Price Index (PPI)
Trading Recommendation:

Trade predominantly Buy from current levels
#USDJPY #Forex #FundamentalAnalysis