Dec. 23: MARKET OVERVIEW
EUR/USD consolidates at 1.2230, holding above the 2.5 year low of 1.2215. ECB easing expectations leave euro under pressure. Euro zone will release French consumer spending data at 8:45 GMT.
USD/JPY rose to a fresh 2-week high above 120.00: It’s a bank holiday in Japan, so the liquidity volume was lower than usually. Us dollar was helped by a record-closing high on Wall Street.
AUD/USD is testing the 0.8100 mark to the downside.
Watch the US economic figures later in the day: final Q3 GDP (forecast: upbeat), November durable goods orders, home prices and inflation.