Forex Today: Little action across the FX board – by ValBednarik EURUSD XAUUSD Equities
consolidative phase, typical of the last two weeks of December. The US Dollar seesawed between gains and losses, ending the day mixed against its major rivals. The Greenback got a temporal boost from, as the index improved more than anticipated in December. However, the news underpinned US indexes, with Wall Street up for a second straight day.announced he would increase the country’s military potential.
AUD/USD found support in stocks’ momentum but struggled to extend gains beyond the 0.6700 threshold. USD/CAD trades pretty much flat at around 1.3610. Inflation in Canada rose by 6.8% YoY in November, down from 6.9% in October, slightly higher than the market expectation of 6.7%. On a monthly basis, the CPI rose by 0.1%.Gold flirted with December high but ended the day at around $1,813 a troy ounce. Crude oil prices, on the other hand, rallied, with WTI settling at $78.45 a barrel.
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