Trading plan for 02/01/2018:
The weak position of the US Dollar remains at the start of 2018 as the EUR/USD went just above 1.20, improving the 3.5-month peaks. Only Japanese Yen slightly loses to USD, although the exchange rate does not go beyond the Friday fluctuation range 112.50-112.75. AUD, NOK, and NZD are higher as well, supported by rising raw material prices. Good data from China helps the local stock market. Gold and oil are high. On Tuesday 2nd of January 2018, the main event of the day is the release of PMI Manufacturing data from across the Eurozone ( Germany, Spain, Italy, France), UK and the US as well.