America’s Roundup: Dollar dips, Wall Street ends lower, Gold slips,  Oil settles higher as pressure mounts in the Middle East – EconoTimes

*Canada Dec Core Retail Sales (MoM) 0.6%, 0.7% forecast,-0.5% previous *US Initial Jobless Claims 201K, 217K forecast, 212K previous *US Continuing Jobless Claims 1,862K,1,885K forecast, 1,895K previous *US Jan Existing Home Sales 4.00M, 3.96M forecast,3.78M previous EUR/USD: The euro initially gained against dollar on Thursday but gains eroded after the release of ECB minutes, which indicated that policymakers were hesitant to discuss rate cuts. The ECB left policy unchanged at the Jan 24-25 meeting and its president Christine Lagarde pushed back on talk of interest rate cuts, arguing that price pressures remained abundant, so there was no room for any talk of policy reversal.All in all, members signalled that continuity, caution and patience were still needed, the ECB account of…

Source: EconoTimes
Categories: Society, Issues, Economic, Business, Home, Personal Finance, Money Management, Investing