Technical Analysis Daily Majors & Minors
GBP/USD – The British Pound is recovering some ground against its American rival, following better than expected UK Retail Sales, up 1.6% monthly basis and to 6.4%YoY, while core readings also surged sharply. But how will this pair move in todays session?
USD/CAD - continues to be bullish, as it has been since this year’s July. And that has led to a formation of yet another bullish pattern—channel up. But how will this pair play out in todays session?
Quick Daily Update
The director of Premier Oil says no new North Sea projects are profitable with oil below $60 a barrel and the industry is "close to collapse".
The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ECB starts full-scale money printing early next year.
MOSCOW - The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his end-of-year news conference.
Daily News To Watch
Thursday, 18th December 2014 Previous Forecast Actual
13:30pm USD Unemployment Claims 294K 297K
15:00pm USD Fed Manufacturing Index 40.8 26.3