Dec 18


  • BY: Donal Kelly
  • December, 18th, 2015 11:35 +00:00

Good afternoon,

A big day ahead in Canada with the Consumer Price Index figures for the month of November scheduled for publication this session. USDCAD trading at 1.3922 after hitting a 1.3987 high, an 11 year high, with the May 2004 high of 1.4001 offering resistance. Following the Canadian figures we will see the Markit Services PMI figures for December in the US. Earlier in the week we saw the first FED Interest Rate increase in 7 years. The rate currently is set at 0.5% EURUSD trading at 1.0825 while GOLD is trading at $1055 per ounce at time of writing.

I hope you all have a nice weekend.