United Kingdom Gfk Consumer Confidence above forecasts (1) in December: Actual (2)

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Dec 22, 2015

NZD/USD: looking to 2016 and the RBNZ

NZD/USD has been oscillating in a tight range in holiday season and is set up in a minor recovery from below the 0.65 handle having made highs that cleared the 0.68 handle earlier in the month.

USD/JPY awaits US GDP Q3 final revision

USD/JPY was offered in a tight, but volatile ranges, in thin holiday markets early on overnight. The euro was one catalyst on the board in the US shift, but the Yen was unable to capitalise on the offer in the greenback below lows of 120.83 even while US stocks declined, although the 121 handle remains a solid platform again for the week by the looks of it. However, US data will start to flow in, the last for the year with GDP Q3 final revisions.