Important upcoming events and publications for December, 10 (GMT):
09:30 UK GDP for October may have a significant impact on the GBP pairs. Analysts expected growth by 0.1% mom after growth up to 0.4% in July, August and September the economy has been in stagnation.
09:30 UK Industrial Production has lost growth momentum and the annual rate dropped to 0.0% yoy. It is expected to fall further, to -0.1% yoy
13:15 Canada Housing Starts has declined in previous months, but has shown some straightening in October. Strong November’s data can help the CAD.
See the detailed Economic calendar here
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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