Market Overview

FxPro Daily Insight for January 20

US dollar got a boost from robust data that triggered a wave of correction of “yielding” currencies previously grew better than others. Separately, the Chinese yuan AUD and NZD are holding well due to the optimism of the Asian markets. Today US exchanges are closed, so FX markets movements promise to be calmer than usual.

Important upcoming events (GMT): 09:00 EA !!! German Ifo Business Climate 09:30 UK ! High Street Lending 15:00 US !! New Home Sales

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