Trading plan for 14/12/2017:
The details of the Fed’s hike were interpreted as dovish and the investors’ reluctance towards the US Dollar was dragged to the Asian part of the session. AUD is rallying after another strong report from the labor market. NZD is losing. The stock market is calm with small drops. Nikkei225 lost 0.3% and Hang Seng fell 0.4%. Gold benefited from USD weakness and increased to 1257 USD and Crude oil is stable at 56.7 USD.
On Thursday 14th of December, the event calendar is very busy with important economic released. The main event of the day is ECB interest rate decision and press conference and Bank of England interest rate decision, deposit facility rate decision and press conference. Moreover, the Swiss National Bank will make interest rate decision as well. Other important data are Unemployment rate from Australia, Industrial Production from China, Consumer Price Index from France, Flash Manufacturing, Services and Composite PMI from Germany and Eurozone, Retail Sales from the UK and Retail Sales from the US.
#EURUSD #USDCAD #DAX
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