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The US Dollar has given back all of its gains from Friday versus the and the , leaving the Index lower at the start of the last full trading week of the year. After acute gains last week, the Australian and New Zealand Dollars are taking a bit of a breather, although both remain well-positioned in furthering their bottoming efforts versus the greenback. Otherwise, traders are still awaiting the final details of the reconciled US House and Senate tax plan that could make its way to President Trump's desk before Washington, D.C. closes down for Christmas.
: Monday, December 18, 2017 North American Releases
It's an exceptionally quiet day in North American on both Monday and Tuesday, with no ‘high' importance events on the calendar from Canada, Mexico, or the United States. This should not come as a surprise as it is the last full trading week of the year before liquidity drains around the days straddling Christmas and New Year's. As such, the news wire remains the most potent source of risk for intraday price swings in FX markets in the coming sessions.
: Monday, December 18, 2017
Five Things Traders are Reading
by Christopher Vecchio, CFA, Senior Currency Strategist by Paul Robinson, Market Analyst by Nick Cawley, Analyst by Paul Robinson, Market Analyst by Christopher Vecchio, CFA, Senior Currency Strategist The DailyFX US AM Digest is published every day before the US cash equity open - you can to receive this report in your inbox every day.
The DailyFX Asia AM Digest is published every day before the Tokyo cash equity open - you can to receive that report in your inbox every day.
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