Friday December 23, 2016 - 09:22:16 GMT
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Forex Trading Ideas For Friday 23 December 2016
Forex Trading Ideas for 23 Dec 2016

- Far East equity markets closed cautiously lower before the Chritmas and global end of year holiday period. Trading should be cautious today into the Christmas break. The EURUSD is steady near the 1.0450 neutral level.
- Today sees a few data releases from the U.S. which should mot be market-moving. Expect activity to wind down by noontime in N.Y. Globally, equity and fixed income markets are heading into the Christmas break mixed. This is must be a disappointment to those expecting seasonal strenght in equities and more Trump euphoria.
- Expect limited trader participation next week and until after the turn of the year. Recall, limited volumes no longer always imply stable prices in an era of electronic trading.
WEEKLY HIGH IMPACT NEWS:
23-Dec Fri
15:00 US- New Homes Sales
15:00 US- University of Michigan Survey
26-Dec Mon
Many centers- Christmas Day Observed
23:30 JP CPI
27-Dec Tue
Several centers- Boxing Day Observed
15:00 US- Conference Board Survey
28-Dec Wed
15:00 US- Pending Homes Sales
29-Dec Thu
13:30 US- Weekly Jobless
16:00 US- EIA Crude
30-Dec Fri
14:45 US- Chicago PMI
John M. Bland, MBA
co-founder Global-View.com
CURRENT CONDITIONS: Mixed Risk Profile
EXCLUSIVE: Global-View Daily Trading Chart Points Updated
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