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Australia’s run of official data for November continued today with Retail Sales for the month of November, Month on Month (MoM). Data arrived as follows  +0.9 vs +0.4 (expected) and 0% prior. (AUD rallies 15 pips at the time of writing). Analysts comments "The 0.0% MoM headline reading in Oct was a

The US dollar will likely remain strong for six to 12 months or more than a year, according to 60% of analysts who participated in the Reuters poll conducted between Jan. 6 and Jan. 9. Key points EUR/USD is expected to gain about 2% in six months and end the year at 1.15.  The anti-risk Japanese ye

West Texas Intermediate (WTI) oil is headed to $75 per barrel, regardless of the outcome of rising tensions in the Middle East, Shale-oil baron Harold Hamm said during a CNBC interview on Monday.  Key quotes The market is headed toward a “tightening of supplies” regardless of what happens in the Mi

Photo: Australian bushfires “How can we sleep while our beds are burning” are the lyrics from a Midnight Oil song, a popular band in the land down under. Now, it feels like those words are a prophecy, with many Australians having lost their homes in the country’s worst-ever bushfire season on reco