Categories: Market Overview

FxPro Daily Insight for December 16

FX: The dollar index develops a downtrend, DXY sank to 97.0, returning to decline in the new week. EURUSD is trading near 1.1140, failing to build its growth on Friday. GBPUSD is correcting after the jump above 1.35 on Friday but maintain a positive bias.

Stocks: Futures for S&P500 added 0.3% to Friday closing levels, reaching 3182. EuroStoxx 50 Index added 0.4% since the beginning of the day. The VIX volatility index fell 1.5% to 12.50.

Commodities: Brent stands at $ 64.50, pumping on the positive mood of the financial markets. Gold added slightly to $ 1,477amid falling dollar.

Crypto: Bitcoin is near $ 7050, desperate to turn around for growth. The top 10 altcoins ranged from -2.8% (XRP) to -0.8% (BSV).

The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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