Today, the EUR/USD pair has shown weakness and is currently down at the 1.4354 level. Euro zone December services PMI (final) has been revised downward very fractionally, to 53.6 from flash 53.7 and compared with 53.0 in November. Still a 25-month high though. This morning, Cable has shown strength and is currently at the 1.6029 mark. The JPY/USD pair has shown strength and is currently up at the 92.26 level. The Nikkei has closed unofficially higher by 0.46% this is the highest the index has closed in 15 months.
Due for release today is the EUR Final Services PMI, EUR Industrial New Orders m/m, USD ADP Non-Farm Employment Change, USD ISM Non-Manufacturing PMI, Crude Oil Inventories, USD FOCOM Meeting Minutes, AUD Retail Sales m/m and AUD Trade Balance.
By Ultimate Forex Profits
