Important upcoming events and publications for December, 18 (GMT):
German IFO Business Indicator was declining in the preceding 3 months. December data is expected to confirm this trend, dropping from 102 to 101.8. Significant deviations from the forecast can cause a surge in EUR volatility.
US Building Permits are closely monitored by the markets. It is expected that this data will continue the downward trend since March. As the analysts consider, the number of house bookings in November will remain almost unchanged. Significant deviations from the expectations can seriously affect the #USD quotes.
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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