FXPRIMUS, Quite financial market today with only one US data release awaiting
Gold Rallies On The Back Of Low Liquidity. Today’s Important Indicators!
This article is originally referred from FXPrimus News.
Market is quiet today with most trading desks on a long holiday.
The only release for today will be from US CB Consumer Confidence which is expected to come lower than last month.
Today’s Forecast for Important Trading Indicators
Market Movers
- EURUSD – Euro range trading. Euro continues to trade in a choppy range due to disappearance of many trading desks.
- USDJPY – Range Trading. USDJPY continued to trade in a range and managed to stay above 113.
- GBPUSD – Range trading. GBPUSD continued to trade in a very tight range just shy from 1.3400.
- Gold rallied yesterday crossing the 1280 mark and managed to stay above. Gold was trading at 1285 USD per ounce at the time of writing this report.
- OIL also rallied and was shy from 60 USD a barrel mark. In the last few weeks, OIL managed to rise around 8 USD.
Original Source: FXPrimus News
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