USD weakens in Asia ahead of New Year’s Holiday. Check out the Today’s Important Indicators.
This article is originally referred from FXPrimus News.
The US will release the Unemployment Claims today; expected to fall to 240k. However, with many created seasonal jobs, the number might come higher than expected.
Crude oil inventories will also be released where it is expected to come lower than last month.
EURUSD – EURUSD rose in Asia to slash the 1.19 handle in what is seen as a low liquidity effect. Currently trading at 1.1936.
- USDJPY – Range Trading. USDJPY fell below the 113 handle after the USD weakened, currently trading at 112.80 in what is also seen as low liquidity trading.
- GBPUSD – Range trading. GBPUSD also managed to rise above 1.34 on the back of a weaker greenback. Gold continued to rally as Asia persists to buy in Gold. As the time of writing of this report, Gold was trading at 1283 USD an ounce.
- The Hong Kong stock market finished higher after its first day of post-Christmas trade on Wednesday, 27th of December 2017, on the back of strength in shares of energy and mining companies.
Original Source: FXPrimus News