Stock market today: S&P 500 closes higher in thin holiday trading
News And Events
AUD/USD currently trading to 1.0532 down 0.35 percent, on slightly worse than expected consumer price index figures from Australia. CPI rose 0.2 percent in the three months to the end of December against expectations to a rise of 0.4 percent. On an annual basis rose 2.2 percent in the last quarter, up from a 2 percent annual increase in the previous quarter. Major U.S indexes close at more than five-year highs as Wall Street embraces quarterly results from corporations.
Claimant count change in the U.K and monetary policy report from Bank of Canada are the main market movers for today. Another important event is the World Economic Forum in Davos, attended by central bankers, prime ministers and business leaders from more than 90 countries, any comments made by important personalities can have an influence on market volatility.
Technical Analysis
Trade Idea
EUR/GBP
The trend remains up for the pair. A 4H clear break above 0.8420 could trigger further bullish scenario testing 0.8515, alternative a break and close below 0.8360 targets 0.8300
Disclaimer • Risk Warning
This document should not be relied upon as being an impartial or objective assessment of the subject matter and is not deemed to be “investment research” as defined by the applicable law. This document has been issued by TFI FX only for information purposes and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action.
AUD/USD currently trading to 1.0532 down 0.35 percent, on slightly worse than expected consumer price index figures from Australia. CPI rose 0.2 percent in the three months to the end of December against expectations to a rise of 0.4 percent. On an annual basis rose 2.2 percent in the last quarter, up from a 2 percent annual increase in the previous quarter. Major U.S indexes close at more than five-year highs as Wall Street embraces quarterly results from corporations.
Claimant count change in the U.K and monetary policy report from Bank of Canada are the main market movers for today. Another important event is the World Economic Forum in Davos, attended by central bankers, prime ministers and business leaders from more than 90 countries, any comments made by important personalities can have an influence on market volatility.
Technical Analysis
Trade Idea
EUR/GBP
The trend remains up for the pair. A 4H clear break above 0.8420 could trigger further bullish scenario testing 0.8515, alternative a break and close below 0.8360 targets 0.8300
Disclaimer • Risk Warning
This document should not be relied upon as being an impartial or objective assessment of the subject matter and is not deemed to be “investment research” as defined by the applicable law. This document has been issued by TFI FX only for information purposes and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action.