Forex
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.00 during the Asian trading hours on Thursday. The WTI price edges lower amid optimism over a peace agreement between Russia and Ukraine.
Forex
The NZD/USD pair remains weak near 0.5770 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback despite a stronger-than-expected New Zealand Gross Domestic Product (GDP) report.
Forex
EUR/USD hovers around its Wednesday’s opening price at around 1.1750 virtually unchanged amid a scarce economic docket in the US that witnessed a Dollar recovery. Meanwhile, inflation figures from the Eurozone (EZ) and business confidence deterioration in Germany, kept the single currency pressured.
December 17th North-American Session Recap – Long day coming up after a rough session. Preparing for the US CPI and Central Bank decisions. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.
Equities
In this most recent episode, TraderNick leads the discussion on the latest in monetary policy, especially regarding how the Fed is balancing its dual mandate, recent stock market trends, and furthering the conversation on worldwide sovereign debt.
Mid-Week update for North-American Markets – After yesterday's US NFP report, markets are getting anxious. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.
Forex
Here is what you need to know on Thursday, December 18:
This EUR/USD forecast analyzes the pair's outlook ahead of the critical ECB meeting and US CPI release. The article details the split within the ECB's Governing Council regarding rate cuts and the potential for a US inflation spike (to 3.2%) to weigh on the Dollar. From a technical perspective, the 1.1600, 1.1700 handle is identified as crucial support, with a macro picture suggesting a more likely bullish breakout toward 1.1900.
Indices
US Index Technical Analysis and Key levels for Dow Jones, Nasdaq and S&P 500: Risk sentiment sours as exhausted price action drags markets down. With the Nasdaq leading the drop and the Santa Rally absent, we analyze why low cash levels and stretched valuations are fueling caution. We break down the charts ahead of the critical inflation report.
