The Present High For The USD Is At $1.4367

USD Today it’s not so much the status that the Greenback more appeal; it’s a case that the euro is less appealing.

The present high for the USD is at $1.4367 according to our data.

Thursday’s slide in December retail sales hardly inspired the US Dollar today we’re in store for another tepid consumer prices report no doubt.

This will hardly be a catalyst for dollar buying except in the unlikely event that the report reveals a data outlier suggesting inflation is likely to scream off the charts – but don’t wait up just to see that event anytime soon.

The Rate Of Gold In USD Return From $1145

The rate of gold in USD return from $1145 per ounce for the third time in two days early Friday, slipping in what one dealer called "volatile trading" as silver also retreated.

"We are riding a small Elliot Wave higher," said Thursday technical analysis from Scotia Mocatta, the bullion bank.

"Our thoughts are that we are in a small wave 4 consolidation of a move that started down at 1075 in December.

We would like an eventual test to levels above 1161, but will stop-loss the long gold position under 1113."