Nov 26


  • BY: Donal Kelly
  • November, 26th, 2015 20:08 +00:00

Good evening,

The Thanksgiving celebration in US had the consequence to make the FX trading volume quite thin and  precious metals, indices and commodities would resume trading at 23 GMT.

EurUsd is trading at 1.0607 (-0.16%), down 16 pips and UsdJpy is losing 14 pips at 122.57 (-0.12%). The British Pound is losing 34 pips against the Greenback and GbpUsd is trading at 1.5094 (-0.22%).  Gold was trading in the morning session at 1,070.85 $/oz and Crude Oil was at 42.79$/barrel.

The Asian session will kick off with the Japanese CPI  and Unemployment Rate as well.Both data will be released at at 23:30 GMT . The Yen should be quite volatile during the data release and even Japan is again in recession and the BOJ has a huge portfolio of stocks included in the Nikkei225, the QE easing of the Bank of Japan should continue because at least it could fight a multiyear deflation.

Tomorrow the UK GDP data at 09:30 GMT will be the most relevant event of the European session and then at 10 GMT will be the turn of the Eurozone CPI.