The headline retail sales print beat expectations rising 0.4% (+0.3% exp). Core retail sales (ex-autos and gas) disappointed, rising just 0.1% (+0.3% exp).

From a technical point of view, the medium-term trend of the USD/JPY currency pair is bullish.

The greenback has had one of the best weeks in over a month. Powell assumed a more hawkish tone on Thursday. Australia’s economy added 15,900 jobs, compared to estimates of 25,200.

GBP/CAD is pulling back in a short-term downtrend, however, it is likely to resume its bearish bias. The pair recently broke down out of a bearish Rising Wedge but downside targets have yet to be hit.

In October retail sales rose 0.4% on a nominal basis. After adjusting for inflation, they rose 0.2%.

XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.