📌 February 14 – Gold's Surging Rally! Will US Retail Sales Determine the Dollar's Trend?
📌 February 14 – Gold's Surging Rally! Will US Retail Sales Determine the Dollar's Trend?
✅ Key Market Developments Today
📌 Trump Tariffs: Shift Toward "Reciprocal Tariffs"
- No immediate implementation → Negotiation period extended until April.
- Markets remain calm with no excessive panic; price movements are stable.
📌 Progress in Ukraine Ceasefire Talks
- Led by President Trump, negotiations continue with multiple nations.
- The Munich Security Conference (Feb 16) will be a major focal point.
- Potential for European backlash against the US acting unilaterally.
📌 Gold's Astonishing Rally!
- Uncertainty in global markets drives safe-haven demand for gold.
- Missed trading opportunities lead to frustration 💦
- Gold’s movement remains a key focus for further opportunities.
📌 Today's Key Economic Event – US Retail Sales (22:30 GMT)
🔎 Market Expectations:
- Headline Retail Sales: -0.2% (Previous: +0.4%)
- Ex-Auto Retail Sales: +0.3% (Previous: +0.4%)
📢 Key Takeaways:
✅ Better-than-expected data → Confirms US economic strength → Dollar bullish
✅ Weaker-than-expected data → Highlights weak consumer spending → Dollar bearish
📢 Other Indicators to Watch:
- US Import & Export Price Index (January)
- US Industrial Production (January)
- Business Inventories (December)
📌 Trading Strategy Moving Forward
🎯 1. Gold (XAU/USD)
📈 Trend: Continued Uptrend – Proceed with Caution
🔎 Strategy:
- Missed the rally, but looking for dip-buying opportunities.
- Monitor political risks and interest rate trends carefully.
🎯 2. USD/JPY
📉 Trend: Dollar’s Direction Hinges on Retail Sales Data
🔎 Strategy:
- Watch the US Retail Sales data for Dollar confirmation.
- Despite PPI strength, the Dollar remains resilient, potential for a rebound.
🎯 3. EUR/USD
📈 Trend: Continuation of Dollar Weakness?
🔎 Strategy:
- Euro demand persists due to Ukraine ceasefire optimism.
- A strong US retail sales report could shift momentum back to Dollar strength.
🎯 4. EUR/JPY
📈 Trend: Uptrend Continuing
🔎 Strategy:
- Risk-on sentiment from Ukraine ceasefire talks keeps Euro in demand.
- Watch price action around the 155.50–156.00 zone for short-term opportunities.
📌 Upcoming Key Events
📅 February 14 (Friday) – US Retail Sales (22:30 GMT) → Main event of the day!
📅 February 14 (Friday) – Munich Security Conference → Potential impact on Ukraine ceasefire progress.
📢 Other Notable Events:
- Speeches from Banca d’Italia Governor Panetta and Dallas Fed’s Logan.
- Earnings reports: Applied Materials, Coinbase, Airbnb.
📢 Conclusion:
Markets are gradually absorbing the impact of Trump tariffs while keeping a close eye on political risks.
The US Retail Sales report will be a key driver for the Dollar’s direction – making today a crucial trading session.
Exercise caution and react to market flows wisely! 🔥
