Important upcoming events and publications for December 4 (GMT):
09:15 The Bank of England Governor Carney speaks. His speech will take place in a special committee of the Treasury, and can influence the quotes of pairs with GBP. Careful estimates of the prospects for the economy and interest rates can seriously decrease the pound, which is at local minimum now.
10:00 Euro area Producer Price Index shows a high growth of 4.5% y/y, and such dynamics is expected in October as well. It may spurs the consumer inflation and support the EUR quotes.
15:00 John C. Williams, the head of the New York Fed and FOMC Member, speaks. His statements can spur the volatility in pairs with USD and influence the stock markets dynamics, if the he takes further hints on Fed monetary policy.
See the detailed Economic calendar here
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- USDCHF reversed from support zone - Likely to rise to resistance level 0.9200 USDCHF…
The single currency is trading near $1.076, waiting for further cues and facing serious resistance…
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
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