Back

American session recap: everyone’s eating turkey?

FXstreet.com (Chicago) – Markets in the United States were closed on Thanksgiving Day with no major pair currency price changes throughout the journey.

Ahead of Black Friday, bringing potential economic data next week to assess the current state of affairs of the economy, it’s worth recalling the pound’s strength and formidable high performance this week positioning itself around 5-year peaks against most majors, the gradual ascend of the euro and mixed performance of the greenback on better than expected job market results and yet mixed manufacturing facts sending blurred signals to economists and market participants. Recalling yesterday’s performance, all the American equity indexes closed with gains reversing the initial gradual descent that put results in red.

Resuming action, Japanese data is due later today before closing the Thursday’s journey and ahead of an array of European data ranging from housing market results to retail sales and CPIs for some countries.

Flash: The quiet before the storm? -TDS

Strategists at TD Securities noted the week as a quieter week with diminishing liquidity; The quiet before the storm?
Leia mais Previous

USD/CAD constructive sub 1.06 handle

USD/CAD has been sub 1.0600 and is constructive in a wedge formation for the end of the week.
Leia mais Next