Indonesia Core Inflation (YoY) up to 3.36% in December from previous 3.3%

Indonesia Core Inflation (YoY) up to 3.36% in December from previous 3.3%

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EUR/USD stuck in tight range below 1.0700

EUR/USD continues to trade in a tight channel below 1.0700 on Monday as trading conditions remain thin with major markets remaining closed in observance of the New Year holiday. S&P Global Manufacturing PMI for the Eurozone arrived at 47.8 in December as expected.

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GBP/USD falls toward 1.2050 in choppy session

Following the modest rebound witnessed on the last trading day of 2022, GBP/USD came under subtle bearish pressure and declined toward 1.2050 on the first trading day of 2023. Nevertheless, trading action remains relatively subdued in the absence of data releases.

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Gold bulls need validation from $1,835

Gold struggle for clear directions amid holiday mood. US Dollar Index rebounds amid risk-negative headlines surrounding China, pre-data caution. Fed Minutes, US NFP will be crucial as gold struggles around key resistance.

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